GSFC book value is 300 so 5% of net worth amounts to ~ 11850 crores. 5% of net worth is 592 crores, which when divided by o/s shares gives ~15-16 Rs share dividend. On current CMP that would give 10% yield
Now comes 4200 crores investment done in other state PSU & GSFC would be major beneficiary of their dividends too.
I think dividend should be somewhere in range of Rs 15-25 per share, which makes it very attractive buy
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