Aarti Drugs Limited
CLOSED 🏷️ TENDER OFFERShare Buyback · Listed Equity · IPO Guide · Scrip: AARTIDRUGS
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Buyback Summary:
Company is offering to buy back equity shares at ₹900.00 per share.
(Record Date: 29 Mar 2019)
Buyback Price
₹900
Total Shares
282,100
Record Date
29 Mar 2019
Buyback Dates
03 May – 16 May 2019
Expert Rating
The financials of the company looks static in all these years, RoNW is 43.70% and at CMP its looks fairly priced. Price difference is around 18% and acceptance ration as per current share holding for retail will be around 1%, but it may be possible that this ratio may go down as more people will buy the stock for buyback and so we may expect the final acceptance ratio will be under 20% and profit may be 5%. So we give rating to this buyback.
Disclaimer
No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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