Realty firms afflicted with low returns shouldn’t get listed: Rakesh Jhunjhunwala
NEW DELHI: Ace investor Rakesh Jhunjunwala on Thursday said real estate developers are afflicted with very low return on capital as compared to bluechip stocks. Jhunjunwala, who runs RARE Enterprises and is set to be a major shareholder in an upcoming airliner, said only the affordable housing developers can look at listing because of the […]