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.

The performance of the benchmark index might not appear fascinating but the truth is that it has relatively outperformed its western peers. With this relative outperformance, there was one group that soared over 45 per cent from last Diwali to this one (custom-made index of this group of stocks)

Considering a 50 per cent discount comes to Rs 8,510.10 crore. So, the standalone value of the business would be Rs 1,444 crore! Isn’t it amazing that we are getting the entire business at such a cheap valuation? 

Let’s check out the performance of Murugappa Group in three years.