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Thursday, 22 June 2017

Another Update: Magnum Ventures Ltd

Co's paper manufacturing site is 10 acres. However, present plant of 85000 tonnes occupies only 4-4.50 acre area. Hence *nearly 5 acres land is surplus commanding mkt value of 100+ crores*

And with implementation of GST, profit margins of MVL will definitely improve

Huge daily trading volumes with almost 100% delivery ratio indicates that stock is being bought by genuine investors

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