Managing Editor of CNBC-TV18, Udayan Mukherjee says the price of Rs 210 (a lower end of price band of Rs 210-240), which broadly coincides with 10 times EV/EBITDA, seems like a reasonable multiple to pay. Also, it works out to about Rs 50 lakh a tower, which also seems like a reasonable kind of an asset value to impute, he quickly adds.
first published: Dec 11, 2012 10:08 am
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