CARS sold more than 22 million WAPO.R to GUAR @ 10/= So CARS made atleaset 220 million Rupees earnings.
After Rights issues (After payment) If the WAPO trade atleast 200/= then GUAR made 170/= (deduct 10/= for Rights Paper + 20/= payment for Rights ) profit from each WAPO shares .( Wapo traded @ march end 290/=)
Then GUAR's profit from WAPO more than 5720 million rupees. (5.72 Billion Rupeees )
GUAR issue QTY 82,096,719
THEN asset only increased by WAPO 5720/82 ==Rs 69/=
What do thing guys ..
Why GUAR price Drop in the market..??
So what do you thing Guys