Ramesh Damani sells multibagger Garden Reach Shipbuilders
Posted: Sun Oct 20, 2024 9:28 am
Ramesh Damani had a big holding worth ₹220 Cr at CMP in multibagger Garden Reach Shipbuilders, a PSU. He appears to have encashed the whole or part of his holding. The stock has given multibagger returns of 900% in 5 years and 130% YoY. Presumably, Ramesh Damani feels the stock was overvalued.
