PDSL’s subsidiary acquired 10% stake in a company doing Rs.844 crores in turnover and Rs.46 crores in net profit for just Rs.6.57 crores.
Now they own 100% of it.
This seems too good to be true.
Who sold their 10% stake at just a valuation of 1.5x PE?
Though they were minority shareholders but 1.5x PE sounds absurd.
0fea6d43-ba0d-40a8-aac1-69f8e30fa068.pdf (335.9 KB)
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