S Chand and Company Limited is up over 5 percent in trade today. HDFC Mutual Fund bought 2.96 lakh shares or 0.9 percent equity stake at Rs 455 each on Monday.
In an interview to CNBC-TV18, Samir Khurana, Head of Strategy & Investment at S Chand spoke about the latest happenings in the company and his outlook going ahead.
In previous five years the growth was a function of organic and inorganic, said Khurana.
Organically we will grow 15 percent, as indicated at the time of initial public offering (IPO), he said.
Inorganically we are looking at a few acquisition opportunities, he added.
Talking about debt, he said net debt in June was at Rs 50 crore versus Rs 340 crore in March.
Watch accompanying video for more details.
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