Ramesh Damani sells multibagger Garden Reach Shipbuilders

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Pee Vee
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Ramesh Damani sells multibagger Garden Reach Shipbuilders

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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.

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