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Jan 04, 2007, 07.26 PM IST

Tremendous upside in Zandu

Rajen Shah of Angel Broking is of the view that there is tremendous upside in Zandu.

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Rajen Shah of Angel Broking is of the view that there is tremendous upside in Zandu .


 


Shah told CNBC-TV18, “Zandu has got very prime property at Dadar. The value of this property is set to be around Rs 200 crore whereas the market cap of Zandu is just about Rs 270 crore. So I am getting a company like Zandu, if you take out the land, Rs 200 crore of land, I am getting a company like Zandu for just Rs 70 crore. So I see a tremendous upside in Zandu.”


 


Disclosure: Analyst holds the above mentioned stock.


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