Hi LN, Many industries are are going through a rough phase, whether its Consumer Durables, footwear or textile. DHP seems a small cap with no comparable it seems. pls suggest if there are any peers that we can compare this with to judge the performance better…
You being an old investor in this counter so pls correct but few positives i could note were:
- Some Mutual fund investments sold at a profit (though non core); maybe deployed at opportune time
- Inventories seem to be going down (cash flow statement)
- Remaining Equity investments seem to have done well considering the income from sale of 26Cr worth; while the value has gone down by only 13.2 Cr
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