Listen concall but unable to understand why finance cost increased so much? Management is telling about Mark to market losses due to Euro strengthing and are notional losses. Can anybody help us to understand more clear picture.
Management has cleared the picture about Nano urea and TiO2. Investor fraternity is very much concern about quality of TiO2. Management is saying that they have hired old kilburn employees and have long experience in pigment manufacturing.
Given the current share price and future expansion and topline growth and complexity in Tio2 production, still confused to buy further.
Disclaimer: Holding @60 rupees pre demerger.
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