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Tata Sponge - Tata sponge - Follow Thread
( 36 days ago )
  gkbudhiraja  44 followers
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Merger is not a over hang, its not at all majbooti, the bottle neck in Indian procedure is what delaying the merger... further both TSL and TM both has posted blistering performance and EPS,... the equity even after merger would be just 75 crores, which is nothing in comparison of a steel company and last but list senergies are as high as 200 to 500 crores after merger, we are lucky to get this gem at throw away price, buy before it is to late ( 29 days ago )
  masteroftrade  27 followers
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