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Diwali Ideas: Diwali Ideas: Why Five-Star Business, Sai Silk are among Sunil Jain's top picks

“Sai Silk is self-funded. They do not need to raise any great capital. They do not need much capital. On any store level or even at the company level, they can easily do 20% plus ROE and the growth potential is quite well laid down. They had opened around 19 stores last year which are likely to contribute in the current year and they will be opening a similar number of stores in the current year also.” ....

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Signature Global, Sai Silks shares to list on Wednesday. Here's what to expect

Signature Global is commanding a GMP of Rs 41 in the unlisted market. Sai Silks GMP is around Rs 7 as against the offer price of Rs 222, which means the listing premium will likely be a mild 3% ....

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