Demergers on the radar

[shardhr]

Call it a coincidence or wat, I’ve been writing abt this frm Exide perspective on Exide thread : -

Exide Industries

A perspective on EV & its impact & future of LAD batteries was best given by Amara Raja in thr recent investor call. Your EV queries will find some probable answers there. U’ve covered the valuation part well, nothing more to add on that. Both ARBL & Exide are at reasonable valuations & Exide is a bit undervalued only post the deal. The returns here will be made on the basis of one’s reasonable estimate of how mch growth will be thr for LAB alongside LIB. Both cos. are currently pricing zero fu…

I was studying the battery players whn this event happened. IMO, it is a fair decision on part of Exide to sell the insurance business at 2.5x EV. not sure abt HDFC Life bt yes Exide seems undervalued now frm purely valuation perspective.