Fairfax India - an alternative to nifty

Company announces their results, book value is at $15.63. At current prices of $7.6, they are trading at a 50%+ discount. Major update is the demerger of Fairchem specialty. Cash is at $185mn and company continues their buyback reducing sharecount to 150.4mn from the last year number of 152.6mn.

https://money.tmx.com/en/quote/FIH.U/news/8516710278756522

Disclosure: Invested (position size here)

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