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Microcap auto ancillary company sells idle asset for Rs 4,85,52,000; Stock price under Rs 100, do you own it?
Microcap auto ancillary company sells idle asset for Rs 4,85,52,000; Stock price under Rs 100, do you own it?

Microcap auto ancillary company sells idle asset for Rs 4,85,52,000; Stock price under Rs 100, do you own it?

Shares of the company have generated an impressive return of 62 per cent in the last six months.

Rakesh Deshmukh Article rating: 3.1

The funds generated from the sale can be reinvested in strategic initiatives or used for debt reduction, helping the company achieve its long-term goals. If so, the company becomes more attractive to investors.

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