#LFIN - WORTH RS 220/- @ 10 PE - Tue Oct 20, 2015 12:51 pm
Bullish sentiments has plugged in to LFIN counter it seems.
To my instincts, many funds managers in insurance, bansking and wealth management have significant interest over the this counter which is trading 5.3x PE.
Even if you hold it for a year, a rational investor gets a minimum dividend return of Rs 5/- per share. That is 4% p.a. In absolute terms its savings rate provided by commercial banks these days. Additionally counter potential is predicted at Rs 220/- in relation to PE 10x times. That is almost 80% in the long run.
Therefore it is a must have for people who would like to invest and hold for long run to gain a return over long run.
Additionally #HDFC and #VFIN are counters to watch which are trading very much undervalued prices.