Most of the unicorn struggling to get outof loss. And such companies which r delivering profit since last 10yr are trading at PE of 5 or 6 how pathetic.
It’s completely backward integrated steel company. Having own iron ore mines , captive Power plant, own coal mines.
Why promotors are not coming out of old era, today u can’t sifonig of money, u have only legal route available which is pay taxes and take dividend.
Market will reward u much more than black money route.
Mr.Jhunjhunwala invested long before it means the company must had some real large assets base, but he failed because of wrong mindset of promotors.
But now the time change and I hope promotors will realise what is demand of time.
Disc. Invested
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