JSW has put in an offer at 105.32 per share. This represents 26% holding from public shareholders which as per screener is only 30%. I believe if we go by the CMP, i.e. 119 as on 12-07, it is a price that will, not be accepted. This script looks very good to me to make any short term money as JSW Infra is on an expansion spree and Navkar corporation presents a great opportunity.
Further the company seems to be capitalizing on the torrid past 1 year that Navkar corporation had financially.
Disclosure: Seeking your views and actively tracking/ not added in portfolio yet
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