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FIEM IPO

 
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Author FIEM IPO
shenoy16
White Belt
White Belt


Joined: 07 Sep 2006
Posts: 7

Post: #1   PostPosted: Wed Sep 27, 2006 1:01 pm    Post subject: FIEM IPO Reply with quote

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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