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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (10181)12/21/1999 2:38:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
AsiaMoney ranks Infosys best managed company in India

India Today

New Delhi, December 21: Indian software major Infosys has been adjudged the "best managed company" in India by 176 institutional investors worldwide interviewed by 'AsiaMoney.' The magazine also ranked State Bank of India (SBI) as the "best bank" in India.

About Infosys, the magazine said, "Infosys performed well across the board in our ranking. Investors clearly have a great deal of faith in management's ability to profit from the opportunities." The infotech company does a good job in communicating its actions and its intention, Will Goodhart, Editor of the magazine said in a statement today.

The rest of the four slots among the top five ranking in India were taken by Hindustan Lever, Reliance Industries and Ranbaxy Laboratories and Punjab Tractors, it said.

SBI, government owned largest commercial bank, was adjudged as number one based on criteria including total assets, profitability, liquidity and leverage.



To: Mohan Marette who wrote (10181)12/21/1999 3:02:00 PM
From: ratan lal  Read Replies (1) | Respond to of 12475
 
Mohan: Right now IC shows 800M+ shares. IC.D also shows the same 800M+ shares. So, TODAY, ICICI has a valuation of
(800M*16.5)+(800M*15.5) approx.

After y2000 div. when the IC.D shares vanish, the valuation of ICICI will be only
(800M*16.5)
i.e. HALF the valuation as of today.

Am I getting confused somewhere?