Srikalahasthi Pipes Ltd is getting merged with Electrosteel Castings Limited and Electrosteel numbers do not fit my rules. The record date for the purpose of Merger/HiveOff is 14-Jan-2022. I am planning to sell it at ₹204.5 and bought it for ₹145 on 2nd Feb 2021.
5yr Average Return on Equity is 1.07%
Debt to Equity (x) is 0.77
Earnings growth is uneven, the company did not earn profit in 2021.
Sold Sripipes @204.5 on Jan 12th, 2022.
