Don’t Ignore Kanchi Karpooram Earnings.
It can be 2X.
Q1 FY19 PAT : Rs 10 Crs
Eatimated FY 2019 Earnings : Rs. 38-42 Crs.
Q1FY 19 :Rs.24.23
Estimated FY 19 : Rs. 96-103
CMCAP: Rs. 193 Crs.
If we look at full Year Valuations even today It is trading at Dirt Cheap.
It Should atleast appreciate by Next 50% in next 2 Quaters provided earnings momentum to continue.