Rain Industries – An oversold de-leveraging play

Just on cement business, if you are paying interest rate 12.25% on half billion dollar and your business has ROE less than cost of capital. what’s point of doing business?

I am also biased as i am holding meaningful position in this company but wanted to bring some points (which I think new investor should give some thought to these points). At end of day – it is only entry and exit point on which we have control from retail investor’s point of view.

Thanks!