GMR Infra: Buy at CMP Rs60

Investors are recommended to buy the stock with a price target of Rs78. The company is valued on SOTP using DCF methodology for most of the assets. Accordingly arrived at a value of Rs78 comprising Rs40 (51% of SOTP) for airports, Rs27 (35% of SOTP) for power & coal mining, Rs6 (8% of SOTP) for roads and the balance representing cash

http://digg.com/u1RxBu