Financial Year 2013 Dividend : 10 (2012 it was 15)
Last 6 months EPS: 25.4
NAV: 159.51
Please advice.
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EWML wrote:As you see the EPS for the bi-annual period, it is Rs. 25.40 and when we annualise this it will come to 50.80. If we value this share on earnings multiples, it will be Rs. 548.64 (50.8 * sector PE of 10.
However, based on NAV, NDB is Rs. 159.51 while DFCC is Rs. 151.34. Merger will take place on NAV basis and DFCC might reverse their impairement provisions in the quarter to be published and that will give an unfavourable stance to NDB if the merger going to take place immediately.
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