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Retail investors to gain from Adani's takeover bid for NDTV: Analysts

At the bourses, NDTV has been one of the best performing stocks. In the past three months, the counter has gained nearly 140 per cent, as compared to 8 per cent rise in the S&P BSE Sensex

Prannoy Roy, NDTV
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Prannoy Roy, NDTV

Puneet Wadhwa New Delhi
Retail shareholders/investors stand to gain the most in the short-to-medium term from Gautam Adani group’s takeover bid for Prannoy Roy and Radhika Roy-controlled New Delhi Television Ltd. (NDTV), said analysts.

ALSO READ: Adani Group's open offer lifts NDTV to 14-year high, stock hits upper limit

The surprise element in the entire development, however, according to Ambareesh Baliga, an independent market analyst, was the deal structure. 
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“Vishvapradhan Commercial Pvt Ltd (VCPL) – a subsidiary of Adani

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First Published: Aug 24 2022 | 10:49 AM IST

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