Discover the story of Future Retail Company, once a golden bird in India’s retail sector, now up for sale due to heavy debt. Despite its share price not soaring, 46 companies, including Adani and Reliance, have applied to purchase it.
Today the company we are going to talk about is a company which was considered as the golden bird of India’s retail sector. But this golden bird has lost its shine due to heavy debt on this company. We are talking about “Future Retail Company” which is going to be sold once again.
If we talk about the share price of the company, then it is not much, it keeps getting upper circuit from time to time. But this company is in news because 46 other companies like Adani, Reliance have filed applications to buy it.
As we know, Reliance Product Consumer Limited, a subsidiary of Reliance, is rapidly expanding its businesses. They have recently acquired Campa Cola, which is about to rebrand and enter the market.
So, Reliance is also showing interest in acquiring Future Retail Limited. So friends, what do you think, how fast will Future Retail Limited’s share price rise in the future, tell us by commenting.
Disclaimer: While these Share is attractive, investors should exercise caution and conduct thorough research before making any investment decisions. It is essential to evaluate a company’s financial health, growth prospects before investing.
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