AMRIT CORP LTD
CLOSEDBuyback · IPO Guide
Expert Rating
The financials of the company are good and growing YoY but bottom-line remained concern, RoNW is 21.49% and at CMP its looks fully priced. Price difference is around 37% and acceptance ration as per current share holding for retail will be around 5%, but it may be possible that this ratio may go down as more people will buy for buyback and so we may expect the final acceptance ratio may be around 15% and profit may be 5%. So we give rating to this buyback.
Disclaimer
No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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