DSIJ Mindshare

Murgappa Group-backed multibagger stock has surged from Rs 4.75 to Rs 450; now it gets into the race of the semiconductor space with an estimated investment of USD 791 million!

Stock languished in single digits at Rs 4.75. Fast forward to today and behold the awe-inspiring ascent to Rs 430.

Karan Dsij 0 28055 Article rating: 4.3

The ambitious project demands an estimated investment of a staggering USD 791 million over five years. But fear not, for the funding plan is as robust as the vision itself – a mix of subsidy, equity contributions from JV partners, and judiciously chosen debt.

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