Now if you want to get free your money from Grasim, you can, you will be allotted ABCL. CMP of Grasim is 1050. for ex. IF you bought 5 share yesterday nd sold now then your cost for ABCL would be (1300-1050) = 250*5= 1250/7 = 179. expected price of ABCL is 250 or more. So your margin of profit would be more than 35%.
Buy Grasim Industries at current level @1300 to take benefit of demerger, expiry date is today, do fast, Grasim share holder will be benefit of ABCL in the ratio of 5:7 means 7 shares of ABCL will be allotted to every 5 share of Grasim.
Buy Grasim Industries at current level @1300 to take benefit of demerger, expiry date is today, do fast, Grasim share holder will be benefit of ABCL in the ratio of 5:7 means 7 shares of ABCL will be allotted to every 5 share of Grasim.
Now if you want to get free your money from Grasim, you can, you will be allotted ABCL. CMP of Grasim is 1050.
for ex. IF you bought 5 share yesterday nd sold now then your cost for ABCL would be (1300-1050) = 250*5= 1250/7 = 179.
expected price of ABCL is 250 or more. So your margin of profit would be more than 35%.
2383. eagle Jul 18, 2017 3:00:00 PM IST Reply
Dear Followers
Buy Grasim Industries at current level @1300 to take benefit of demerger, expiry date is today, do fast, Grasim share holder will be benefit of ABCL in the ratio of 5:7 means 7 shares of ABCL will be allotted to every 5 share of Grasim.
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