Piramal Healthcare Ltd, a Piramal Group company, is a group 'A' stock that hit a 52 week low today and is available at a P/BV of less than 0.5! The Book Value is around Rs.856 per share and the market cap of the company is around Rs. 7000 crores. The company has Reserves & Surplus of over Rs.11000 crores. Investments are a little over Rs. 1000 crores. The company has net current assets of more than Rs.1000 crores. Promoters own more than 50% of the shares. The stock can reach around Rs.856 in a year's time. What do you think?
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