Is this Ethical way to increase the holding from merging Bogus business which is not having any revenue and then sell those share in the open market and look for another bogus business to merge?
If these are management strategy, then we need to be very careful with the business and does not looked to be long term bets.
Happy Investing,
Karthik
Disclosure: Not having any exposure to this counter. Tracking this counter due to high ROCE and also can see short term appreciation from ram mandir Ayodhya opening.
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