Haven’t studied Dhampur bio org. In depth but one thing interesting is although shares split was 1:1 for dhampur bio & mills, & the demerger is done primarily for succession planning & family partition, dhampur sugar mills have more assets although not by a major extent( capacity wise i am yet to study the quality of those) Vs dhampur bio & if the quality of both the brothers as capital allocators is similar ( again a major assumption since yet to study in depth) then there might be some scope for price expansion in dhampur bio as market cap of bio is Rs1000-1100 cr vs 1500 cr of dhampur mills
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