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OPTIMUS2357 OPTIMUS2357 PFC, D, Long ,
PFC: PFC taking support from lower trendline. BUY
68 0 4
PFC, D Long
PFC taking support from lower trendline. BUY

PFC has FY17 expected EPS of 29.5 and FY17 BV of 165 (after interim dividend but before final dividend) and hence at current prices it is trading at a PE of just 5.5 and P/BV of 0.95. Its one of the cheapest finance stock in the market. PFC corrected from 168 levels after the news came about Govt selling its 10% of its holding. Sale of share process will take ...

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