Thursday, July 29, 2010

Public Issue of Bajaj Corp-Subscribe -Tremendous Listing Likely

Public Issue of Bajaj Corp is coming on 02/08/2010 in the Price Band of Rs. 630-660. The Financial Details are as under



EPS  - 28.53



P/E  - 23.13



Now most of the peers are trading in the P/E Multiple of more than 27 times compare to that issue is priced in the P/E multiple of 23.13 times hence its worth to subscribe .



Listing likely at the price of 800