11 Apr, 2010

Videocon Industries - Rights Offer: Avoid

Videocon Industries is making a 2:9 rights offer at Rs 225 a share, raising Rs 1,156.3 crore. At the offer price, the company discounts its FY-09 earnings by 15 times (fiscal year ends September Videocon Industries is making a 2:9 rights offer at Rs 225 a share, raising Rs 1,156.3 crore. At the offer price, the company discounts its FY-09 earnings by 15 times (fiscal year ends September


Source: The Hindu Business Line

 
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