Ajay Piramal is shrewd businessman who knows how to buy out-of-fashion business cheaply and how to sell them high after turning them around. He has done that with pharmaceuticals and now he is trying his hand at Financials.
Due to his interests in pharma, financials and IT, analysts have always struggled to value his company. Since research firms have analysts dedicated to one area, they need to put 3 analysts to track Piramal Enterprise. . Also you would not see AP or his deputies coming on air and explaining their numbers or proving guidance on future plans. Hence IMHO Piramal would never be a stock market darling.
I came across interesting article in Mint on AP's and hence felt like sharing with fellow Valuepickr's
Disc - invested for last one year so my views could be biased
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