the most important factor for Muthoot is the free-float availability in trade, Mannapuram’s public float is very big in percentage terms and retailers are the weak hands and one should never invest in a company with a higher free float when its equivalent is available with a very limited free float in the market. I’m sure this phenomenon is evergreen and keeps the mannapuram trade at very low levels until the float of promoters comes down via the open market sale
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