Considering FY22 earnings, the company demands a price-earnings (P/E) multiple of 105. It has no listed peers. Given the size of its operations, valuation appears to be steep though skewed by a sharp fall in the profit due to the pandemic. Considering the pre-pandemic profit level, the P/E works out to be around 55.
Standard deviation studies pointing Nifty at 25,000 and beyond: Anand James
Anand James of Geojit Investments sees potential for Nifty to hit 25,000, though warns that a drop below 24,280 may signal weakness. He expects defence
May 4, 2025