Promoter share holding is 36%. If stock price may come down further, it is great chance for threat to promoter for hostile take over since valuation is very attractive for buyer of this entire company. LIC or other institutional buying may also be come.
8.30 PM Mar 22nd
This is further to our communication vide letter Ref.No. HO/IRC/64/2017 dated 3rd March, 2017 wherein it was informed that Bank has convened an Extra-ordinary General Meeting of shareholders on Monday, 27th March, 2017, for approval of issuance of fresh equity share capital to GOI/ LIC of India
4.05 PM Mar 22nd
At 68.8 times PE multiple on 9FY17 annualised numbers. DMart rather expensive but the promotor is a hard working man with integrity .. a rarity in these times. Question is at what price will the india fund , lic and other big guns want to buy let alone accummulate a company in a sector where
8.22 PM Mar 21st