MESSAGES

Thank you ShalluGaurav ji for your detailed reply.. I always value your deep insight and logical views

Push21 ji, I am in tune with NilaNila estimates, As per his data, if reserves are as shown, then book value comes to be 69 rupees appox. so this share price can easily go DOUBLE of book value. means 140 rupees. This is just temporary estimate, but as the picture becomes more clear about , when the govt. is selling and what is the EXACT market price of buildings and land, then estimation can go higher to 300 rupees per share. have a good day.

ShalluGaurav ji please share your views post the results

Very bad result , lower circuit tomm

Why is the stock coming down without any reason ?

Typically, the government sucks out the surplus cash from a State-owned company .ahead of sale by directing it to pay a special dividend to the shareholders. Out of 1000 CR Govt will get 637.5 CR as a dividend . Govt holding in the company is 63.75% . It is the expectations in the market . It may or may not happen .

Today SCILAL results will be declared. wait for that too.

What you guys are talking, still they did not ask its bids for sale and you look like , sold it already, cool down, let the bids be asked, and then who buys what, will be known by public.

Not only dividend, but also income tax from others who receive dividend, 10 percent TDS immediately. Return of money to shareholders is prudent step if the company does not have any plan about its utilisation.