CA NeWs Beta*: BHEL buy back opportunity for retail investor

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Friday, October 26, 2018

BHEL buy back opportunity for retail investor

*BHEL Buy back opportunity*
(For Retail Shareholders)

Retail portion 3cr (approx) shares


Retail holder total 9 cr(approx)
 If all submits than *33 % acceptance* Buyback Rate rs.86
Cmp 69
 Spread 17rs
 Qty 2850
If we take Minimum 50% acceptance(as all never submits) than 1425 share accepted 1425*17=24225rs absolute
*Investment for 2 months 72% pa return*
 Rest we can hedge in NFO
 Pure hedge strategy

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