The order is reserved → June 23rd Order. so only the final verdict is pending.
Also one recent transaction in the same space:
Zydus Lifesciences has acquired 6.5% stake in Mylab. They have paid 106 crores for the transaction ref → zydus acquisition
Turn over of Mylab :
- For the year ended March 31, 2021: Rs. 825 Crore
- For the year ended March 31, 2022: Rs. 260 Crore
- For the year ended March 31, 2023: Rs. 95 Crore
This transaction translates to 17x times P/S.
Disc: Invested.
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