The stock might be at negatively in opening trade but the fact that the overall sentiment is improving in terms of economic sentiments and given the fact that the order book continues to stay very strong, there will be a onetime reaction,†says Kunal Sheth of Prabhudas Liladher.
Kunal Sheth, analyst, Prabhudas Lilladher says the initial deal value seems to be on the lower side. However, he adds that the company can be re-rated once the consumer business gets demerged.