Classic case of accumulation..funds buying on Rigorously...

Share can see 200 ++

MF increased their position from 24lac shares to 1.6cr shares.

HNI n NRI Rose from 66lac to 3.83cr.

It can be a Multi bagger like CG power in 3 years.
Strategic sales is likely to be seen at much higher bids with Adani, vedanta and AV Birla Group from India and 3 global players.

Bids can be 300 per share..

Market cap of 13.2k cr is seen a steal, considering mines owned by the company.

Process of stake sell will start post Budget, with LIC IPO in March.

5 operating units rajasthan.mp.gujarat.maharashtra.jharkhand having combined refining capacity of 68500 TPA of copper cathode.

1) Growth visibility..
Company is trippling mining capacity from 3.97 MTPA to 12.2 MTPA with 3500cr capex. Most will come in stream by 2022..and further 20.2 MTPA later..

2) divestment.
Can be biggest wealth creator amongst all PSU divestment candidates, repeate of Hindustan zinc which delivered 250X returns in 20 yrs Post stake sell tel vedanta..

3) copper demand..
Electrical vehicles using copper 3.6X over ICE. 50% demand from electrical and consumer durables

4) owned mines, strong financial, government holds 66% with LIC hold if 14%

🔺Can be held in one's portfolio...