A very dumb question from a beginner. At what point is a parent/holding company more attractive than a subsidiary ?
Bajaj Finance is trading near Rs 7000 while Bajaj Fin Serv is trading near Rs 1850. since Bajaj Fin Serv is holding 57% of Bajaj Finance shouldn’t the parent be worth atleast 57% of subsidiary ? or framed it the other way, isn’t it cheaper to own 57 shares of Bajaj Fin Serv by buying 100 shares of Bajaj Finance ?