Why there is a sudden rise in arvind mills?? Even the volumes are much higher today.. Any news expected??
Can i buy with one month prospective?/
About: Company: Arvind Ltd.
I give below the news i read in an article:
Arvind Mills owns close to 857 acres of real estate and 70 acres of land in India . It also holds close to 63,039 sq ft of residential and office space across the country. The value of its LAND BANK comes to around Rs 1200 crore.
1200cr =Rs 55 /share !!!
ARVIND to go for DEMERGER
To Create....ARVIND RETAIL !!!
Retail store >>Megamart
The store offers wide range of jeans, tees, shirts, trousers and more ... Flying Machine, Lee, Wrangler, Newport University, Excalibur, Rugger's ...Besides, it has licensing arrangements for international brands like Arrow, Lee, Wrangler, GANT, Nautica, Jansport, Kipling, Hero, Tommy Hilfiger
Megamart chain, which currently operates 70 value stores across the country, occupying about 2,50,000 sq. ft. of retail space, is also going in for large format Megamart Outlet Centre stores. Each of these Centres to be located in mega and metro ...more