Monday, 9 June 2014

Grasim's valuation gap with UltraTech gives it room for appreciation

While UltraTech is valued at $195 per tonne, the implied valuation of Grasim stands at $110 per tonne, a discount of about 43% for value it has derived from UltraTech's cement assets.



from Stocks-Markets-The Economic Times http://ift.tt/1oOD81k

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