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Community


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Online Share Trading

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IPL

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Steph007
New Contributor
Can anybody give me a reason why this share goes up?
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3 REPLIES 3
Steph007
New Contributor
Must be the short of the year at this level
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mosismoke
Contributor
Shareholders have voted in favour of share buy back scheme. Maybe that is the reason.
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keithw
Not applicable
IPL has a PE that is low in comparison with its peers and low relative to the general market too, methinks the earnings are keeping this one up, albeit earnings have taken a hit in latest reporting.
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