Market is valuing Bhushan Steel correctly as the same is trading in a range of 40 to 44
minimum target as given by me is Rs.350 which is also justified from current trading price i.e. even if we consider the lower end of the band i.e. Rs.40 the market is assuming mere 2% stake to public and I am considering 17.5% thus even as per my calculation the price of 1% stake is Rs.20 that is the reason the price is trading at 40 to 44. Let the final news of public shareholding become public....
minimum target as given by me is Rs.350 which is also justified from current trading price i.e. even if we consider the lower end of the band i.e. Rs.40 the market is assuming mere 2% stake to public and I am considering 17.5% thus even as per my calculation the price of 1% stake is Rs.20 that is the reason the price is trading at 40 to 44. Let the final news of public shareholding become public....
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