Company is doing well prospects.
1.Growing faster than industry rate
2.Entering into EV segment
They have cash equivalents of 654 crores. Despite they are utilizing short term borrowings of 332 crores. They are even paying hefty dividends and buyback also.They have even paid interest of 37 crores in Fy 2022-23.I couldn’t understand the reason behind non payment of borrowings.
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