(India) India’s largest paper manufacturer Ballarpur Industries (Bilt) has announced a major re-organisation of its business which will unlock value for shareholders. Besides bringing in sharper focus in its key businesses, buy-back of shares, prepayment of debt and the stock split would strengthen the company and provide the much needed impetus to the stock. Thanks to the announcement, Bilt shares have recently gained 13 per cent at Rs 136. Based on the guidance given by the management, under different scenarios, the value to be unlocked could be in the range of Rs 78-151 per share over the current market price.
Discuss Add this link to... Tell a friend Add to:
| Bookmarks
Discuss
Add this link to...
Tell a friend
Comments