Hi,
Is it good idea to buy stocks which are quoting price less than its book value? your view on this. Will it payoff in the long term.
Example: As per moneycontrol, the book value of RELCOM is 244 and CMP is 125… almost 0.5.
Disclosure: Today I bought 75 Relcom at 125, I am already holding 135 Relcom @257.