Couple of more questions here :-
1.) Has the Tata Chemicals mgmt indicated selling shares in IPO and sharing/distributing the proceeds ? If no, then the value doesn’t unlock truly and it remains as Ben G said - “Frozen Corporation”
2.) Have u checked the P/S of standalone biz on historic basis - I blv the company has always traded at this avg P/S barring the COVID demand-supply mismatch period. If anything has changed in fundamentals of base biz to command higher valuation, plz share
Attaching the chart for your reference :-:
Disc :- Not invested
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