HomeNewsBusiness3-Point Analysis | Where does Future Retail stand financially after averting default on interest payment?

3-Point Analysis | Where does Future Retail stand financially after averting default on interest payment?

Moneycontrol's Sakshi Batra does a 3-point analysis to understand the financial health of Kishore Biyani-led Future Retail after averting the default

August 25, 2020 / 22:02 IST
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Breaking the losing run of the last two consecutive sessions, shares of Future Retail closed with a healthy gain of 4.38 percent at Rs 119.25 on the BSE on August 25.

The stock gained a day after the retailer averted default by making interest payments worth $14 million to investors on August 24.

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Moneycontrol's Sakshi Batra does a 3-point analysis to understand the financial health of Kishore Biyani-led Future Retail after averting the default.