Ramesh said the party has every expectation that, as in previous cases, the promoters of Shree Cement will be “pressured” to deny that the raids affected their decision to withdraw from bidding.

Source: https://www.siasat.com/firms-competing-with-adani-for-prized-assets-faced-cbi-ed-it-raids-cong-2660047/

“Shree Cement has been trading at premium valuations owing to cost leadership, efficient capital deployment, and a higher capacity/volume CAGR v/s the industry.

Source: https://www.financialexpress.com/market/shree-cements-share-price-jumps-nearly-4-today-after-q4-results-dividend-announcement/3098183/