Just a Discussion!!
A beautiful construction Co , IVRCL Ltd.
Sales - 4305 Cr - 2014
Reserve - 1389 Cr - 2014
Eq Cap- 61 Cr -2014
and Now?..
Sales- 157 Cr -2025
Reserve - ( - 18,134 Cr)
Eq Cap - 157 Cr...
Kya thi, kya bana diya....
I know this Co even before 2014 and was making profit with wonderful sales and wonderful Np....
IVRCL Ltd messed up, whatever you want to call ,from 2012-2014 period.
Acchi khasi Co ki band kaise bajayi jati hai....dekhlo....
from 4305 Cr sales to only 157 Cr sales...
There so many in Construction sector stocks , Madhucon Project, Shriram EPC now SEPC etc...there are many as such....
Debt le le ke band baja di.....