Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

IPL

Reply
Steph007
New Contributor

IPL

Can anybody give me a reason why this share goes up?
0 Kudos
3 REPLIES
Steph007
New Contributor

Re:IPL

Must be the short of the year at this level
0 Kudos
Highlighted
mosismoke
Contributor

Re:IPL

Shareholders have voted in favour of share buy back scheme. Maybe that is the reason.
0 Kudos
keithw
Not applicable

Re:IPL

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.
0 Kudos