Hi @Puch this calculation is reasonably well known.
It’s also discussed in this thread
But why isn’t the idfc price reflecting this scenario. If the probability of the merger is high over a three year period then the idfc price should quote significantly higher.
Any thoughts on What’s the trigger the market is waiting for?
Similarly @voldemortdevil has shared a deck on idfc first bank and he represents a sebi registered adviser.
If this is such a no brainer Why would a professional advisory firm not advise buying idfc?
Regards