The interest rate scenario has been playing the devil not only with infra and realty companies, but also with companies that are remotely related to these sectors. Alok Industries is the company in focus that has a huge debt on books which seems to be dampening investor sentiment towards the stock.
Dilip Jiwrajka, managing editor of the company provides some relieving news to the investors. Speaking to CNBC-TV18, he says that the plan to sell off the land bank is progressing on track.
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