I am just curious. If a company has a stake in another, atleast some part of that company’s value should definitely reflect irrespective of being public or private. So shouldn’t tata chemical reflect some value tata sons irrespective of ipo.
Why not consider it like a promoter who will never sell his stake and collects dividends(like berkshire). I know that holdco discount theory but looking through another lens is also important. Today market might give reasons to have huge discounts in some holdco but later sentiments might change.
Feel free to counter.
Disc : not invested.
| Subscribe To Our Free Newsletter |
