Isn’t the company’s d/e almost 2 and as per my limited knowledge in the past history every retail chain which has tried to grow aggressively using debt has faced bankruptcy.
Any constructive criticism is welcome.
Along with this the company is very sensitive to margins drop , a 4% drop in margins will put immense pressure on the companies interest payments.
Several other retail players have better presentation in terms of product at the same price point.
Example : Cantabil retail has
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