If revaluation are added another Rs 4 per share.
NAV is Rs 55.
Rs 2.75 dividend
There seems to be price mismatch between X and N right now.
CDB.X was Rs 30+ when CDB.N was Rs 42-43
Now CDB.X Rs 39-40 but CDB.N is Rs 48-50.
Also note according to CDB internal valuations
CDB.N was price at Rs 70
CDB.X at Rs 45
Due to liquidity and better dividend yield compared to N , CDB.X has run ahead.
If you go by Right issue valuations CDB.N should be atleast Rs 60 now .
Their might be an opportunity due to the mismatch here when market corrects itself.
Last edited by slstock on Mon Jun 03, 2013 2:01 pm; edited 1 time in total