Fan Site: Inspired, Not Endorsed, By Rakesh Jhunjhunwala

VRL LOGISTICS
– Sells Bus Division to promoter entity for 230 Cr
– Bus Division at 8.5% of Co’s Revenue, lower margin
– MOSL revises FY24e +8% to incorporate higher margin and lower debt

Remember them wanting to enter aviation earlier, now selling bus division. Good Change!

Stock:
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Disclaimer: This is a Fan Site in Rakesh Jhunjhunwala's name. Rakesh Jhunjhunwala is not associated with us and is in no way aware, accountable or responsible for what is stated here. Further, nothing here constiutes investment advice for you to act on. Also, we have a vested interest, and are extremely biased, in everything that we say. So Mind It!