My guess is the market did not like what they heard about their possible acquisition plans for GoMechanic. Also, accounting year-end tax selling could be a reason for such a fall. I think once there is clarity on their plans for cash management, there should be an upmove. Net assets – Cash on books + Land/building is ~1200 Cr. So effectively the core business is currently valued at ~500Cr! Unfathomable…
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