The equity value of the SsangYong on the books of M&M is about Rs 980 crore compared with the current market cap of Rs 1200 crore at the Korean stock exchange. Any positive resolution such as potential suitors will be positive for the stock.
Related Posts
Auto in upcycle, stock rally likely to continue
The NSE Auto index has surged 17.5 per cent compared to a 4.5 per cent gain in the…
January 25, 2021
When to sit tight in the stock market! George Goodman’s tips to win the game of investing
Goodman said each investor perceived the value of a stock in a different way. He felt investors should…
January 24, 2021
Songtradr-owned Big Sync Music expands into Warsaw, Poland
Michal Krajewski named Head of Music at Big Sync Warsaw Invest in Best Mining Pool Invest in Bitcoin…
March 16, 2021
Pot Stocks Are Flying High Again. It’s Not Just Reddit.
Invest in Best Mining Pool Invest in Bitcoin Now How to invest in crypto?
February 11, 2021