This stock popped up on my screener a few days back… After some basic study, I see that Nahar Spinning Mills is part of Nahar group. Another company from the same group, Nahar Industrial Enterprises also has the same business… In fact it was Nahar industrial Enterprises which caught my eye and I came to know that this one also from the same promoters have similar business… What is your take on two different companies from the same promoters operating in more or less similar fields… What is your opinion about chances for conflict of interest?
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