IPO

Prefer Subscribing to L&T Infotech IPO

Issue Price: 690-700 (Retail Investors)

P/E: 14.7

Avg Industry P/E: 17.5

Forward P/E: 12.8 '

CAGR 5 years: 20.9%

Debt: -

1 yr Target: 970-1000 (39.5-43% Upside)

Stock Looks to be undervalued at the current issue price