Airlines take debt from bank for meet capital requirement when they can`t generate cash specially when post losses. They take debt for business expansion. Don`t worry, spicejet will again take debt but this time , debt will be taken from foreign banks to reduce interest cost. standalone basis debt
9.26 PM Jan 17th
Market, Effective Utilizations of Cash by Part Pruning Debt will Aid the Company to Save Interest Costs going Ahead. There has been Slight Increase in Edible Oil Prices compared with other Agro Basket, which may Aid the Company to Improve Margins on large 1000 Cr Qtly turnover base, and Even a Mere 0
1.17 PM Jan 17th
As prices of stainless steel has risen sharply,company`s fundamentals are likely to improve.Interest cost reduced. Company will report good set of Q3 and Q4 numbers. We expect a price of 60 within 45 days. Check the relevant facts before investing and take your own decisions.
11.34 AM Jan 15th
Excellent increase in the new promoter OilMax holding to 56.32% from earlier 9.88%. Also, Hong Kong millionaire Balram Chainrai is about to increase stake in Asian Oilfield. This will further reduce debt and interest costs will decrease. In parallel, execution of the contracts has already kicked
10.51 PM Jan 12th
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