Discover and read the best of Twitter Threads about #ScrappagePolicy
Most recents (2)
#BudgetWithCNBCTV18 | FM announces voluntary vehicle scrapping policy. Further details for #ScrappagePolicy to be announced shortly
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#Budget2021WithMC
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#Budget2021WithMC
#BudgetWithCNBCTV18 | FM introduces Aatmanirbhar Health Yojana with outlay of Rs 64,180 cr over 6 years. This will strengthen National Centre For Disease Control
Here are the #StocksInFocus
#Budget2021
Here are the #StocksInFocus
#Budget2021
#BudgetWithCNBCTV18 | DM will introduce bill to set up Development Financial Institution providing Rs 20,000 cr
Here are the #StocksInFocus
#Budget2021
Here are the #StocksInFocus
#Budget2021
#MSTC – With and without #Scrappagepolicy
Scenario 1 – No Scrappage Policy
As promised by management, MSTC will be able to clean up the balance sheet by Sep’21. Trading business is already closed. FSNL divestment has started by DIPAM.
Scenario 1 – No Scrappage Policy
As promised by management, MSTC will be able to clean up the balance sheet by Sep’21. Trading business is already closed. FSNL divestment has started by DIPAM.
Post Sep’21, MSTC may have around 800 crs cash (assuming 300 crs proceeds from FSNL) in the BS, Rs 115 per share..
It will have E-Comm as the only business with multiple opportunities which are detailed in the note attached below..
It will have E-Comm as the only business with multiple opportunities which are detailed in the note attached below..
Ex cash RoCE will be 50% plus with growth rate of 15-20% for E-Comm business with 250 crs topline and 100 crs PAT (excl. other income) for FY22. Estimated EPS of Rs 15 for core E-comm business.
At 15x PE for core E-Comm value = 15x15 + 115 = 340…
At 20x, it would be 415..
At 15x PE for core E-Comm value = 15x15 + 115 = 340…
At 20x, it would be 415..
