Discover and read the best of Twitter Threads about #PiramalEnterprises

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#India: Pre-Open

โœฆ#SGXNifty is 12.5 points down & Asian markets are down, indicating a negative bias for Indian markets
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#StockMarket
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#India: Pre-Open
โœฆ#NBCCIndia has received the job assignment of a PMC for complete planning, design, execution/ construction of buildings and its services and other works of existing buildings at MNNIT, Allahabad. The project is worth Rs 350 crore
#StockMarket #nseindia #BSE
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#India: Pre-Open
โœฆ#PVR has opened 11 screen multiplex in Lucknow, Uttar Pradesh. This will strengthen the company's foothold in Uttar Pradesh with 158 screens in 32 properties and consolidates the entity's presence in North India with 438 screens in 100 properties
#NSE #BSE
3/7
Read 7 tweets
#Piramal Enterprises Demerger

Those who are thinking: Why price is down by approx 50%?
This is the quick explainer

Like and retweet for maximum reach
#PiramalEnterprises (PEL) has 2 Biz

#Piramal Pharma
#Piramal Lending/Financial

Now, To unlock value for investors in PEL, they announced Demerger in Oct-21.

After getting all regulatory approvals Now Piramal Pharma is ready to list separately.
Every 1 Shareholder of PEL will get 4 Shares of Piramal Pharma.

To list Pharma separately, first it needs to be hived off from the existing PEL biz which after Demerger will remain only lending biz.

For this, 1-Sep-22 is the record date and 30-Aug-22 was the Ex-Date.
Read 10 tweets
Let's have contrarion views on #PEL and #PiramalEnterprises .

Please comment below ๐Ÿ‘‡ with your views guys.
Piramal pharma being demerged from its mother company and special situation has come.
Everyone in my vicinity asking me when to sell #PEL !
Post demerger you can sell it(1
Let's have a small contrarion thread ๐Ÿงต on #PEL or #PiramalEnterprises .
Let's discuss the value of the businessess.
My calculated valuations are Iike this. ๐Ÿ‘‡

For Shriram Rs 270.

For loss making finance business I have taken 1.3 as price to book value.
So this business (2/n)
may be valued at RS 1350.

For their unallocated net worth I have calculated RS 110.

As a whole it stands around RS 1680.

So, the great piramal pharma may be listed somewhere Rs 800 as per my calculation.

So, the EV/EBIDTA for piramal pharma business comes (3/n)
Read 6 tweets

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