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Confusion in Arvind Fashions listing price; here's what happened

Updated : March 08, 2019 02:51 PM IST

Arvind Fashions got listed today and hit an upper circuit but analysts believe that the base price for the listing was a miscalculated figure.
Arvind Ltd demerged its branded apparel and engineering businesses in November 2018, wherein the shareholders of Arvind would receive shares from both these entities (Arvind Fashions and Anup Engineering).
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