Amazing to see that although Ex dividend just a day after still investors not in a hurry to buy SRF.At current price Srf SRF cum dividend 7 rs.so available at around 183/-,i.e at a PE of 3.5 .Kabhi Kabhi lagta hain Kya Log Pagal Hain jo buy nahi kar rahe ya Hum Pagal hain jinhe kuch malum nahi aur buy kiye jaa rahe hai.Its really amazing.P E i calculated was plain CEPs is much lower and consolidated CEPS much much lower.
You are absolutely right! I was doing some analysis of last few quarters, and got some important insight. I`ll share them with you all as soon as I am done.
Guess it has more to do with inconsistent result, not just of the company but different segments it is in to, flat revenue this quarter (btw QoQ, revenue marginally up by 5% and profit was down almost 26%), management credibility etc. FYI, i do hold shares in SRF since 2006 and have been betting greatly on it since then. I am sure the upcoming expansion plans will improve its top-line and bottom-line in the coming years and reward the patient share-holders.
| NIFTY 
