Book value 477
Few years ago this stock formed a major bottom (All time low 360)
also happened to be near its book value at that time.
Granted fundas don't always work but they're much more likely to work with large caps than with mid/small caps.
rel eps=42
rock bottom valuations 420
as far as i know rel is flush with cash.
UMPP will require more cash but they've already done the rpower ipo for that so i'm guessing there is atleast a decent amount of cash with ambanis to execute a few power projects.
REL should head to 1000-2000 within 3-5 years
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