Have a look at CHI Investments, it has major investment in CESC & KEC International. The merits are:
- It holds investments worth 163 Cr in listed cos and 18 Cr in unlisted cos
- While it’s own M cap is just 17 Cr hence the stock is available at a discount of approx 90%
- Debt Free
- Major Holdings are : 20.56 Lac shares of CESC worth 48 Cr
- 41.42 Lac shares of KEC International worth 62 Cr
- 22.22 Lac shares of Zensar Tech worth 16 Cr
- Company’s 52 week high is Rs 200 while current rate is Rs 16
CHI Investment was formed due to demerger from CEAT Ltd and got listed on 24th April, 2008. Being recently listed not many investors are aware about the company…with better discovery, the discounting should reduce going ahead…creating chances for making it a multibagger.
So one can switch from CESC & KEC International and can get multifold exposure to both the stocks by investing in CHI Investments.
| NIFTY 
