INDUSTRIAL & PRUDENTIAL INVESTMENTS CO LTD

CLOSED

Buyback · IPO Guide

Expert Rating
Avoid

The company is a holding company and at CMP its looks fully priced. Price difference is around 13% and acceptance ration as per current share holding for retail will be around 2%, so we may expect the final acceptance ratio may be around 10% and profit may be 2%. So we give AVOID rating to this buyback.

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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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