Albert David - Potential Bagger?

(Shiv Kumar) #23

there was some buzz about Piramal Enterprises trying to buy out the promoters now that its no-compete clause with Abott has expired. But looks like it was mere rumours

disclosure: no holding in Albert David. Holding Piramal

(Vijayk) #24

Price to sales for Albert despite the run in the stock is only 1.2-1.3, despite it being debt free co with 75 crores cash on books.
Most pharma cos are trading at 3-5 price-sales ratio (and also having debt)