Just noticed that promoter of DBOL (Dhampur Bio) is buying shares from open market (small amounts – i think so that price doesnt run up). Hopefully it should give a positive sentiment – and even better if they come with buy back offer.
Since they dont have much capex this year, expect the dividend to up more than Rs. 10 to 12 for FY 24. (dividend yield at CMP of 120 will be 10%)
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