Whether it’s 62.66 or 66cr is irrelevant. You cannot multiply paid up capital with the price of one share. Paid-up capital is the amount of money a company has received from shareholders in exchange for company stock. So, Rs 62.66 cr is the valuation of Piccadily Hotels not 6260 crores. The paid up capital of Rs 62.66 cr includes the Rs39 cr worth of shares held by Piccadily Agro.
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