Prince Pipes IPO Day 2: Subscription at 38% with support from retail side Choice Broking feels on valuation front, based on the higher price band, Prince Pipes is demanding a P/E multiple of 23.5x (to its restated FY19 EPS of Rs 7.6), which is at a marginal discount to peer average of 25.7x.
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Investment Ideas 
Reputation: 2,149 • Dec 20, 2019 2:56 AM
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