In 2014, Warren Buffet purchased Duracell Batteries at valuation of 4.2 Billion USD,ie.INR 27,500 crores (5 years before). Seeing that valuation, Panasonic Batteries India at 250 crores m/cap seems very reasonable.
Panasonic Energy India Co. Ltd. is among top battery manufacturer in India, Debt-free, High Dividend paying, Professionally Managed company.
Restrictions on Cheap Chinese Imports, can be key trigger for this stock.
Disc. Invested