For Dividend yield, I feel we will have to wait for couple of years to see if they can sustain that yield. They have degrown this year compared to last year so I assume the dividend will be less and the yield will not be 5.65% or even 5%.
Yes, there is margin of safety at CMP but markets still see it as Glenmark company and not an independent entity to give a better valuation.
Disc – Invested at higher level. Did transactions in last 30 days.
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