#ACC #ACEM Both Fallen 15-20% .... Are they Cheap? You Decide. Here is the data.
#ACC Cmp Rs1840... TTM PE as of yday. 49.50x... So after 15% Fall, its TTM PE would be 42.5x .... Ultratech 32x and has been reporting better REV & PAT growth. So #ACC enjoys a 30% #AdaniPremium.
#ACC Cmp Rs1840... TTM PE as of yday. 49.50x... So after 15% Fall, its TTM PE would be 42.5x .... Ultratech 32x and has been reporting better REV & PAT growth. So #ACC enjoys a 30% #AdaniPremium.
#AMBUJA Cmp Rs368... TTM PE as of yday 50.2x... So after 20% Fall, its TTM PE would be 40.7x .... Ultratech 32x and has been reporting better REV & PAT growth. So #AMBUJA enjoys a 27% #AdaniPremium.
Here is the Chart for Ultratech Cement just for reference. One More thing is that both ACC & AMBUJA were LEVERAGED buy-outs as per media reports. Basically, the entire $6.5bn Shares of ACC and AMBUJA has been pledged. In Addition, $4bn Allocated for Open Offer.
What were the Terms of the Funding, the Cost of Acquisition etc... The Deal Is Being Done At Premium Valuation with ADANI TO PAY Ambuja Cements: Rs 385 per share and ACC: Rs 2,300 per share
More Details About the Deal in this link... Adani Bags Ambuja Cements, ACC: Seven Things To Know
Read more at: bqprime.com/business/adaniโฆ
Read more at: bqprime.com/business/adaniโฆ
Happy to hear your comments... And Kindly #Retweet
Remember... even after today's fall of 15-20%, both ACC and AMBUJA are enjoying a 27-30% #AdaniPremium.
Remember... even after today's fall of 15-20%, both ACC and AMBUJA are enjoying a 27-30% #AdaniPremium.
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