For the embedded value of the life insurance company, asset management company and others..including the market value of the investments ….the Hdfc Ltd. share should be quoting at Rs. 3000 at least.
Why is there such a 50% discount? or even more?
I actually do not know and keep wondering whether it is because of corporate governance – oops sorry, Hdfc is the epitome of corporate governance right?
Well if one has read the papers…Hdfc shareholders are paying a ‘non compete fee’ to Max promoters..Rs. 850 crores. Read it again Rs. 850 crores to one man ..and his group..a tantalising large amount. Stunning.
My question is WHY? WELL, I have no clue about what happened…or could happen..but I am voting AGAINST the resolution…what resolution..well well……read on
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