Valuation considering PE of 15 = Rs. 41 * 15 = Rs. 615/=
It should be trading at least around Rs. 600/=. BFL further expanding by developing a 48 acres farm. (Currently trading at Rs. 413/=). Extremely unndervalued.
LFIN - Earnings for the 3 months ended 30/09/2010 - Rs. 6.36
Annualised - 6.36 * 4 = Rs. 26/=
Assume PE of 18 = 26 * 18 = Rs. 468/= (Banking and finance sector PE is over 20) (current price is Rs. 293/=) Extremely undervalued.
DOCK - has won many new contracts for ship building and they are fully booked for 2011 and 2012. They will report massive earnings in the coming quarters.
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