Hi All,
Looks like there’s some revival and turn-around in the company.
New CFO and MD has been appointed –
CFO: Jagdish Agarwal
[Jagdish Agarwal]
Dhananjay Salunkhe : MD
From company websire
They have started a Concall now
Though good initiative, still many things needs clarity:
Land sale and use of procced
Plan for improving the profit margins
Proper plan for future growth
Future looks good for the company because of Consumer story, global history of the parent company and their research and innovative products, importence to sustainable packaging
Improvement in the numbers:
Financials:
Disclosure: Not Invested, started watching recently
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