MIRC ELECTRONICS Ltd : CMP: 43.40
1) Mcap - 1604 Cr
2) Beautiful Sales of 750 Cr
3) FV 1, which I don't like but Mcap is too small, particularly when Authum Invst and Infra take stake.
If Authum has not taken stake, I would have not discussed Mirc here at FV 1 stock..
4) Authum entry is a trigger for me, that they will turnaround MIRC ELECTRONICS ltd, like they did with Nitco Ltd.
5) MIRC and Nitco has similarity, both have excellent sales.
6) Authum Invst stake of 21.25% is no small stake. They invested around 131 Cr when Mcap was much less....Now putting 131 Cr is not for nothing. Rs 131 Cr is big, bigger then many SME Mcap!!
Take the HINT!!
7) Co is going to raise fund via Equity, Warrants or QIP.
8) You are getting a Brand , Onida, for just 1600 Cr!!
Neighbor's Envy, Owners Pride!!
Do your DD. Take your Call!