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FIEM IPO |
shenoy16 White Belt
Joined: 07 Sep 2006 Posts: 7
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Post: #1 Posted: Wed Sep 27, 2006 1:01 pm Post subject: FIEM IPO |
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ppl let me know ur thghts on this issue, here is what i have gathered-
its post issue p/e would be around 23 if we consider the higher end of price band cmpred to industry avg of 42. its net profit went up close to 130% yoy.
Negatives are dependency on TVS motors as their major client and rising input costs |
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