All finance companies moved up so it's ALLI's turn next.
Highly under valued and good dividend paying company.
Market price = Rs. 727.00
NAV = Rs. 984.00
PBV = 0.74 (Excellent)
EPS = 115.00
PE = 6.3 times (Excellent)
This has to be valued at least Rs. 1,500.00 to Rs. 2,000.00 during a merger. It's a rare gem trading at a big discount. The coming quarters will be very good for them as the gold prices picking up. ALLI recovered successfully from last year gold price crash.