Fairfax India Stock News

FIHU offers unique India exposure, led by the Watsa family, but has lagged India ETFs long-term due to high fees and volatility. Recent performance has improved, driven by the BIAL stake increase and its first-ever operating profit, now over half of FIHU's assets. Despite 10% long-term book value growth, recent years saw declines and negative cash flow, with book value now below 2021 levels.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES ( Note :   All dollar amounts in this press release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from unaudited financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the Internat...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, March 07, 2025 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) is pleased to announce that Debbie Chalkley will be appointed Chief Financial Officer (“CFO”) of Fairfax India effective March 10, 2025. Debbie has been part of the Fairfax family f...

Fairfax India Holdings Corporation trades at a 15% discount on its book value, which is quite typical for holding companies. The valuation of BIAL is said to be conservative by management, trading at 9.5x free cash flows, lower than other airport operators in the West. Though some discount is required for the Indian market on BIAL.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES ( Note : All dollar amounts in this press release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from unaudited financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the Internatio...