Interestingly with the current market cap of nearly 4500Cr(approx), the core business is available for around 2500 - 3000 Cr ( 32% holding in Finolex Industries + cash on BS ) . Market is punishing too much for the lack of growth. With economic revival , growth will definitely come back because of the brand value and recent diversification into FMEG. Only question is when will that happen.
Disclosure : Top holding(18%)
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