TATA TELE FROM Rs. 1.95 to 28.95, MTNL FROM Rs. 2.50 to
22.80, Rcom FROM Rs.1.00 to 4.05. . This has happened. in last 12 months. TATA
TELE GIVEN RETURNS 1400%, MTNL 1000%, RCOM (A dead Company ) 300% RETURNS IN 12 MONTHS.
THEN WHAT IS WRONG WITH VODAFONE IDEA LIMITED MANAGED BY QUALIFIED CA KUMAR MANGALAM BIRLA????? THE SHARE BEHAVING LIKE UPSIDE DOWN TORTOISE WITH NO MOVEMENT AT ALL OVER THE LAST SIX MONTHS.JUST OSCILLATING BETWEEN 8.50 AND 10 ONLY.
SIX SUGGESTIONS TO MR.KMB ON BEHALF OF VIL RETAIL INVESTORS
1.You are focusing well on all your core business like Ultratech Cement,Grasim,AB fashions and MFs.etc and all are doing well in business and also at Stock markets. Now just focus on VIL also. No doubt it has foreign partner Vodafone Plc of UK but its equity participation has already got eroded. Now better to focus on VIL before it skids out of your hands and you opts for NCLT like Anil Ambani.
2.Hold your Q4 results approval Board meeting in time and do not shy in presenting losses as VIL is used to it.
3.Push for early hearing of AGR recalculation case with SC.
4.Opt for aggressive marketing as now you have recently recruited very experienced staff at Senior levels. Use their talent to the maximum.
5.Convince GOI for early settlement of your pending tax claim refunds to improve VIL cash flows.
6.Your retail investors are also owner of VIL though with very small percentage but they also need to hear from you regularly so that they become confident about VIL. Try to put your best efforts to arrange fund raising as since Sep 2020 many times it was announced but every time failed.To arrange just R.25000 Cr even thru FDI is not a big issue for a person of your caliber financial background.
Lastly just try to remain in good books of GOI.
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