At the current price of Rs.155, CEAT Ltd., is trading at a P/E multiple of 3.3xFY10 earnings and P/BV multiple of 0.83. At this price, we recommend a BUY, with a price target of Rs. 195 , with an estimated growth of 30%. The price target is arrived at with EPS estimate of Rs. 54 and P/E multiple of 3.5 with a holding period of 12 months.
For details on this stock, pls view the detailed report - click here
For details on this stock, pls view the detailed report - click here
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