635

At the current market price of Rs 497 per share, PEL is currently trading at a PE of 16.2x FY10E and 13.7x FY11E EPS estimates, which looks quite attractive. At Rs. 497 per share the stock is trading at a discount of 27.9% from our intrinsic price of Rs. 635 per share which is 20.7x FY10E and...