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Mid Term Picks on
Jun 29th, 2010 |
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- CMP: Rs 101
- Target Price: Rs 117
- EPS: Rs 3
- Dividend: 12%
- Book Value: Rs 57
PTC India Ltd Stock Analysis
- PTC India is mainly engaged in the business of power trading. The company is in the process of acquiring coal mines in foreign countries.
- Its subsidiary company PTC financial services will be coming to IPO soon.
- Recently raised Rs 500 crores through QIP for its third party fund.
- In two years company’s net sales and profit are expected to grow by a CAGR of 14% and 12%
Source: Sakshi Business News