hi saurabh fv of tcs is 1rs, it can no more have a stock split however if they have exceptional profits in some quarter they might come out with a bonus issue,but that doesnt change the fv of the share which would continue to be 1rs. however the stock prices will fall subsequent to a bonus issue as the liquidity in market increases with double the number of shares trading. it however attracts more retail investors as the prices of shares are more approachable then & consequently the trade volume tends to increase. hope that answers ur question...... good luck
rEVIEW FORM iCICI At the offer price, the issue discounts its FY08 EPS of Rs 14.1 by 6.73x at the lower end and 7.65x at the higher end. Peers such as MSK Projects and Roman Tarmat are currently trading at P/E multiples of 15.7x and 23x. We believe the company will command high visibility in revenues and earnings on the back of its strong order book. We advise investors to apply to the issue.
It should command P/E of atleast 20+ as all its peers are trading at between 17-35. so if it trades at lowest P/E also its price should be at 250 and if if trades at max P/e its price comes to 500 . So buy on listing and keep accumulating as much as u can
While selecting a stock how does the face value (FV) of a stock matter? Say for TCS FV is Rs 1.00, wipro: 2.0, infy: 5.00 and for mindtree it is Rs 10.00. If TCS has to issue bonus 1:1 or split, then what will be the new face value? Seniors please shed some light on it.