FYI, I finally completed the full valuation of Harita. Thankfully, not much has changed since my original post. The market-implied Value is Rs. 849 (-6% from my last post) and my personal Value is Rs. 503 (-10% from my last post). Meaning, you can possibly buy Harita, but I probably won’t unless it drops further. Confusing? I plan to write the blog tomorrow (Hopefully), so I should be able to explain this redundancy there.
Here is the gist of my market-implied valuation as a range of probabilities:
Here is the file in case anyone is interested (Downloads can be made from ‘File → Download As’):