Pilani resumes trading, putting a number to Lodha’s holding

On 25 October 2011, trading in the shares of Pilani Investment and Industries Corp. Ltd restarted on the National Stock Exchange (NSE). The MP Birla Group’s “25%-plus stake” in the firm is currently valued at upwards of Rs 450 crore. At Tuesday’s closing price of Rs 2,295 per share, Pilani’s market capitalization was Rs 1,815 crore. … Read more

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