Comment on Query of the Day
commented on
18 Oct 2013, 01:45 PM
Hi zerodha, i m new to markets, so i just want to build upon my basics so that i can enter market via zerodha.
kindly answer the below question, though it is novice.
few weeks before i came to know that amitab bachan`s stake value for holding 62794 just dial shares at a price of Rs 10 (6.27 lakhs) has increased to 6 crores…..i do not understand how he bought 1 share for 10 rs when the book value of the company is 60.77rs ?
he should have bought at 60/share rather than 10/share? or he was allotted this subsidized rate bcos he is brand ambassador?
i cant understnd the difference between face vaue ,bookvalue