BGR Energy is a very good company. Rs 850 possible for the stock as against its issue price of Rs 480 per share. It looks strong, in good business of BOP and EPC. It has strong order book and going to tap more orders going ahead. It will do EPS of Rs 20 in FY09, that works to 42-43 PE for FY09 on a price of Rs 800-850. At this price, one can buy L&T, BHEL and ABB than buying this kid, BGR Energy at higher price. No doubt that the stock will go higher. Source: moneycontrol.com
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