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Amit Agarwal's avatar

HI skand,

Nice write-up. One aspect which you have ignored is the dividend which this company has not declared and is supposed to declare soon. As mandated PSUs are supposed to declare 30% or profits as dividend which will amount to Rs.1.10 to 1.30 and incremental in future also.

that itself would amount to a yield better than savings account even if the IPO lists at 26/-

please mail me your comments at amit264agarwal@gmail.com

would love to connect with you .

reagrds

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Bombay Duck's avatar

Thanks. Would help to know your thoughts on government spending/fisc

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