Between GOI & Promoters, game thus far has been played well, throwing out dividends and jacking up stock price only to announce the OFS at attractive discount.
Barring those who have bought the stock at much lower rates, new entrants in the last 6 months will find cheated by both promoters & GOI to have lured them with dizzying rally.
Though long term still looks good for the stock, the volatility in the stock price is strangely non-correlated to its underlying metal prices.
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