*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