GNA closed
at ₹474.40
with a Gain of +4% on 04-April-2018. It is now Trading at 2.7X EPV ( Earnings Power Value ) of its Dec 2017
Earnings . We have estimated its PAT for FY 2020 is 66Cr, based on which its
EPV comes at₹ 421.1, which is 1.1X to its current Market Price.
GNA is going
for CapEx of ₹135.5 Cr spreading for the year next 3 years, which will
affect its profitability.
Disclaimer : We are / may going to take exposure
shortly.
