Data

The Great Indian Data Suckage Story

Economic Times has an article with a list of stocks that are "lower than their book value":

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Except smart readers have already figured out:

Many companies- TATA GLOBAL, KALPATARU have gone for stock split during this financial year and hence the book value per share is to be arrived at after considering the split/ bonus. Readers generally take the information given in esteemed publications like Economic Times at face value. Please be careful and double-check the numbers before publishing

Er. Bad data, ETIG database?