going by GUJARAT government formula… for GSFC…the PAT is 900 cr approx…so 30% of it is 270cr…and total outstanding shares is 39.5 cr …so minimum 7 rs per share can be given as dividend …also since promoter shareholding of GSFC is less at 38%…there is high chances of buyback and not split since face value is already 2 …others please comment whether you concur with my views.
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