Piramal Healthcare's 11% stake in Vodafone India
Posted 05 Feb 12 | 10:40 PM by : Saumitra10
Related to : Companies & Industry (Piramal Healthcare Ltd, Piramal Healthcare Ltd)
2 replies
Piramal Healthcare on Friday added5.5% stake to Vodafone India to take its total shareholding in the telecommajor to 11%. Now, Piramal’s total investment in Vodafone i.e. telecom businessstands at Rs5870 crore. Considering relative valuation and the Essar stake sale to Vodafone, Piramal has received almost 28% discount. You can see my detailed analysis at http://i-valuate.blogspot.in/2012/02/piramal-healthcares-11-vodafone-stake.html
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