Spring in MRVL's feet as Salman Khan is acquitted in Arms Act case
Shital Jibhe / 18 Jan 2017
The stock of Mandhana Retail Ventures, which is associated with Salman Khan’s 'Being Human' brand is shaking a leg with Bollywood hunk Salman Khan on Wednesday, January 18.
The stock of Mandhana Retail Ventures, which is associated with Salman Khan’s 'Being Human' brand. is shaking a leg with Bollywood hunk Salman Khan on Wednesday, January 18. The stock danced on the streets, gaining 6.45 per cent, as news came in about Salman Khan's acquittal from all the charges in the Arms Act case in the alleged poaching of two black bucks. The case was registered against the actor in 1998.
MRVL, which got listed on the bourses in December, 2016, received a lot of attention from the media as the ace investor has bought close to 13 per cent stake in the company.
The stock is trading with a P/E of 21.19. The company is the sole distributor of the Salman Khan brand 'Being Human’.
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