BUSINESSWEEK ONLINE : NOVEMBER 20, 2000 ISSUE
INTERNATIONAL -- FINANCE

Circling the Wagons


The market caps of some old-line Indian groups are smaller than their book 
values. Now raiders are appearing.

COMPANIES          SECTOR                 SHARE PRICE*    BOOK VALUE*

GREAT EASTERN      Shipping, Real Estate     0.72           0.80
SHIPPING

EICHER             Tractors                  0.34           2.10

INDO GULF          Minerals, Fertilizer      0.81           1.48

BOMBAY DYEING      Textiles                  2.50           3.35

GRASIM             Cement, Textiles          4.95           6.58

MAHINDRA           Tractors, Real Estate     3.16           3.62
& MAHINDRA

TELCO              Trucks                    1.91           2.52

* dollars/share

DATA: WALLETWATCH, SMIFS, CORPORATE DATABASE


_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _


RELATED ITEMS
Last Days of the Industrial Raj? (int'l edition)

TABLE: Circling the Wagons



INTERACT
E-Mail to Business Week Online

 
Copyright 2000-2009, Bloomberg L.P.
Terms of Use   Privacy Notice