February 20, 2023

Sandip Ginodia's Message on Cochin International Airport Rights Issue and Indian Potash shares

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MESSAGE


 
CIAL to go for 1:4 rights issue
 
CIAL

 
Should you apply?
Yes! Current Market price of CIAL is in around INR 185/sh. The rights in being offered at only Rs 50/sh
 
How to Apply?
Rights form would be sent to your registered address by CIAL's RTA
 
Who would be eligible?
Any shareholder holding shares on the record date of 22nd Feb 2023
 
 
Learn More!
 
Indian Potash
 
 
The evolution of IPL started sometime before the seeds of ‘Green Revolution’ got sown in the bed of Indian Agriculture. Indian Potash Limited was incorporated under Indian Companies Act with the objective of import-handling, promotion and marketing of Potash in the entire country.
 
Financial Highlights of the Company
 
Indian Potash
 
Valuation:
 
P/E Ratio of Indian Potash Ltd: 3.09 
Industry Average P/E Ratio: 10
 
As per the valuation, Indian Potash seems to be on a discounted price to the market multiple.
 
 
Learn More!
 
 
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abhishek@altiusinvestech.com
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