Inefficient Markets or Inefficient Valuation !? ~ Saint-Gobain Sekurit is to amalgamate into Grindwell Norton
Inefficient Markets or Inefficient Valuation !? ~ Saint-Gobain Sekurit India (SGSI) is to amalgamate into Grindwell Norton (GN) The Ratio is One Share of GN of Face Value Rs 5(currently quoting @ Rs 259) for every 17 shares of Face Value Rs 10 of SGSI (currently on lower circuit of Rs 2o.25 ) Of course …