Maruti suzuki
Market cap 3.90 L cr
Profit 13500 cr
Hyundai
Profit 6060 cr
Hyundai margin is higher, hence should get high PE vs Maruti. Even if you consider the same PE as maruti, the hyundai market cap should be (3.9*6060/13500)=1.75 L Cr
Current offer is 1.6 L cr that is 10% up considering at par maruti suzuki valuation.
Why should one not invest in the hyundai IPO for both short and long term?
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