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RCap eyes 'huge gains' from Sula, Grover Vineyards stake sale

RCap eyes 'huge gains' from Sula, Grover Vineyards stake sale

Sunday, March 19, 2017, 7:26 PM

After making a killing with a 27-fold return from sale of Paytm stake, Anil Ambani-led Reliance Capital is eyeing "huge capital gains" from sale of other non-core investments, including two leading vineyards of the country. The two firms Sula Vineyards and Grover Vineyards together command nearly 70 percent of the India's wines market, which is witnessing huge interest from global investors as well.
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