Congratulations to Mr Niranjan. What you have reported on 25th July has been proved to be correct. Now it is official that the Company is selling 22 acres of land at Worli for Rs 5200 cr. At long last some concrete steps taken to monetize land assets and create shareholder value.
The stock is bound to be rerated as it has large land holdings in Mumbai, market value of which is hundred times of present market cap. The share has the potential to become another Raymond.
Mr Niranjan is requested to give other plans of the company to monetize land holdings.
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