Camlin has target of Rs 73, says Aunali Rupani, Director of Arm Research.
Rupani told CNBC-TV18, "With 35 crore school going children, I think the Japanese company has got a very good deal. In my eyes, the brand value of Camlin is more than the current marketcap of the company. Now the Japanese company will definitely have to give an open offer - the mandatory 20% open offer, which will come at a price of Rs 110. This will create an arbitrage opportunity in the company. My target is Rs 73 and stop loss at Rs 69." Click HERE to know the rules and follow the score cardDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!