Look at the results…
EPS 3.7 --PE less than 10( even if you remove the one time income from one time sale of investment of 82 crores). At current price even yield is 4% roughly.
Management is confident of doubling the loan book in next 18 months.
Power sector reform is a certainty with a new government coming in.
Just because of PSU tag it’s selling cheap. With growth rate and perception both changing then stock prices can become much better from here.