Today Lloyd metals results came.
Company is pretty comparable to GPIL- as both have captive mines.
Lloyd metals quarterly EBITDA was very good 227 crore and PBT was 230 crore.
Stock is doing pretty well and rising at a market cap of 12000 crore.
GPIL has higher profits than Lloyd, but trading at some 5k crore mkt cap.
The difference is 2.4x in mkt cap despite GPIL having higher profits.
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