|Operating profit margin||17.5%||12.9%||10.6%||17.4%||23.0%|
|PAT to Equity holders||2,025||2,154||1,560||2,891||4,228|
Historically the company was trading at a discounted PE to the market but with the current performance the trading price seems to be undervalued. When the stock is valued based on low-high-mid historical PE basis the stock can be valued in the range of Rs29.60 - Rs44.60 with the mid target of Rs36.20.
However market sentiment as well as investor sentiment on this stock has to be improved if it reaches to its true value.