Ganesh Benzoplast is in focus today and that is because the stock is up 128 percent since its November 2016 lows. In an interview to CNBC-TV18, Rishi Pilani, CMD of the company spoke about what led to this turnaround.
Expect a topline of Rs 80 crore from the infra business, said Pilani.
On chemical business, the company is looking to unlock value. Have been in talks for hiving-off the chemical business, he added.
The current borrowing cost is at 13 percent versus 20 percent of last year
Pilani is hoping to reach Rs 9-10 crore in terms of finance cost.
Not planning to further reduce stake in the company, he added.
Watch accompanying video for more details.
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