Wild Picks - Bajaj Electricals

One of the most popular capital market magazines, recommends Bajaj Electricals. They expect the company to register sales and net profit of Rs 1316.21 crore and Rs 48.44 crore in FY 2007. On a small equity of Rs 8.64 crore and face value of Rs 10 per share, EPS works out to Rs 56.1. At current price of Rs 609 (cum 1:1 bonus), the scrip is available at a P/E of just 10.9

Disclaimer: Don't blame us if Bajaj Electricals runs out of power