Beg to differ with comparison with Shyam etal others. Comparison should be Apple to Apple and not Apple to Oranges or Apple to pumpkin. GPIL should be compared to iron ore companies only at present. So likes of Sarda, NMDC, Loyd etc should do. While comparing, lease period is of vital importance, which for GPIL is upto 2055. I personally feel it is grossly undervalued at present. Steel sector experts like Rakesh Aroraji are best to opine on sector valuation.
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