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MNC promoter sells profitable INEOS at throwaway valuation!
Indian promoter, who sold the company on the eve of its Silver Jubilee to an MNC, buys back from another MNC on the eve of Golden Jubilee!
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Adani’s takeover of Ambuja & ACC
Why should an Indian group adopt a foreign route to acquire strategically important domestic business?
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Dreamfolks Services
Corporate governance issues cast shadow on promoters though business prospects seem to justify IPO valuation
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Syrma SGS
Low profit margin does not warrant ultra high P/E
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Prudent Corporate
Group companies’ past violation of regulations and acquisition of business from scam-tainted entity reflect poorly on the promoters
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LIC
Embedded Value makes the offer attractive but, as private insurers gain market share, what happened to GIC and NIA can happen to LIC sooner or later
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Rainbow Children’s Medicare
Fiscal 2022 working gives comfort while resurgence of COVID-19 is a cause for concern
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Campus Activewear
Fundamentals justify the offer price though promoters’ unconventional track and negative cost of holding of large shareholders do not augur well for the stock, post lock-in period
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Forced Corporate Governance
In our country, some promoters have no respect for corporate laws. They wake up from slumber, or rush to comply only when they think of tapping public money. A classic example is the Delhi-based Yatharth Hospital & Trauma Care Services Ltd (YHTCSL)
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Hariom Pipe
Favourable peer comparison notwithstanding, boom-time pricing is bound to correct when the industry cycle takes a turn