CRISIL assigns valuation grade of 1/5 to UTV Soft

CRISIL Research has come out with its report on UTV Software Communications. The research firm has initiated coverage on the company with a valuation grade of 1/5 and maintained the fair value of Rs 627 per share, in its July 26, 2011 report.

July 27, 2011 / 15:04 IST
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CRISIL Research has come out with its report on UTV Software Communications. The research firm has initiated coverage on the company with a valuation grade of 1/5 and maintained the fair value of Rs 627 per share, in its July 26, 2011 report.

The Walt Disney Company (Southeast Asia) Pte. Ltd (Walt Disney), which holds 50.4% stake in UTV Software Communications Ltd (UTV), is planning to delist UTV. The board has approved an attractive delisting offer at up to Rs 1,000 per share, ~11% higher than UTV
first published: Jul 27, 2011 03:00 pm

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