What if Lasa also books some losses like OSCL did, citing revaluation?
I would wait for the Lasa Q4 results before deciding on P/E multiple for it. Or better, give a Market Cap/Sales multiple, instead. 1x for MCap/Sales looks sensible with safety margin, valuing Lasa at 200 crores.
Of course, with market euphoria, you can easily get 1.5x, valuing Lasa at 300 crores.