In an interview to CNBC-TV18, Sharad Saraf, MD of Technocraft Industries India spoke about the latest happenings in his company as well as sector.
It continues to be a challenging time for yarn mill because of government’s lopsided policies, he said.
He expects to have a 15 percent growth next year.
“For companies like us, buyback is certainly a very good option,” he added.
We are evaluating a buyback, said Saraf.
Currently the company has Rs 500 crore cash on the books.
For full interview, watch video...
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