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aribb
12-10-2007, 03:08 PM
BGR ENERGY SYSTEMS ipo valuations

Issue: 9136000 Equity Shares
Price band: Rs 425 TO Rs 480

BGR ENERGY SYSTEMS will have eps of Rs 14 in FY09
so if BHEL, ABB trades at P/E of 40 - 70 then BGR ENERGY also expect to trade at p/e of 45
concedering this expect listing price of 600 - 650 :)