Sunflag Iron & Steel undervalued with ₹8,800 cr Lloyds stake
Sunflag Iron & Steel is potentially undervalued, supported by the value of its 11.47% stake in Lloyds Metals and Energy, according to SEBI-registered analyst Kapil Aggarwal. The analyst noted that the stake, valued at approximately ₹8,800 crore as of June 8, was acquired through the conversion of optionally fully convertible debentures following a tribunal settlement.