loader2
Login Open ICICI 3-in-1 Account

Entry Price

198.00

Target

215.00

Recommend Date

27-03-2018

Return

8.59 %
BUY

Date : 27-03-2018

Talwalkars had made an announcement of a de-merger on November 24, 2016. The ratio was one share of Talwalkar Lifestyles (TL) for every share of Talwalkar Better Value Fitness (TBVF). The stock has turned ex-date today while the record date for the same is March 28, 2018. Consequently, Talwalkar’s share price, as per yesterdays closing price, has dropped to | 198/share from | 242/share. Hence, now our target price also stands revised to | 215/share for Talwalkar Better Value Fitness.