CLARIS LIFE:TP 375-380

Current market cap of the company is 2000 crores and they received 4250 crores from Baxter for sale of the injectibles business. After considering tax payment, transaction cost and other expenses, Claris has 2077 Cr CASH. It works out to Rs 381 per share.

*Now,  promoter will delist Claris which means entire qty offered will be accepted*

They will announce delisting in next 1-2 weeks. No dividend due to taxation issue. BUY as 8% UPSIDE looks assured