IVRCL Infrastructure & Projects: The stock is currently trading at a P/E (on consolidated basis) of less than 20, one the lowest among tier-I stocks in its sector. In contrast, its net profit has doubled in the past one year and is expected to remain buoyant, aided by its subsidiaries and a 20-25% earning growth in its core business. All these reasons make the stock a good buy at these levels.
Link to the article: http://economictimes.indiatimes.com/Capital_Goods_amp_Construction_Sell_amp_Buy_recommendations/articleshow/2989578.cms
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