Jindal Cotex
it is looking expensive
Company"s financial information
In Rs crore fy09 fy10E fy11E
Sales 138.30 184.65 308.30
EBITDA 10.10 24.05 43.40
Net profit 4.30 12.03 23.25
EPS (Rs) 3.5 4.8 9.3
PE (X) @ Rs 70 20.30 14.60 7.50
PE (X) @ Rs 75 21.70 15.60 8.10
E : estimates
Personal View: it is looking expensive compare to its peers and singnificantly bigger players Alok industries. a investors who is long term perspective can buy this IPO. short term investors should buy Alok industries whenever market correct.
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