Inefficient Markets or Inefficient Valuation !? ~ Saint-Gobain Sekurit is to amalgamate into Grindwell Norton

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Inefficient Markets or Inefficient Valuation !? ~ Saint-Gobain Sekurit India (SGSI) is to amalgamate into Grindwell Norton (GN) The Ratio is One Share of GN of  Face Value Rs 5(currently quoting @ Rs 259) for every 17 shares of Face Value Rs 10 of SGSI (currently on lower circuit of Rs 2o.25 ) Of course …

Inefficient Markets or Inefficient Valuation !? ~ Saint-Gobain Sekurit is to amalgamate into Grindwell Norton Read More »