As the company's stock shown about 50% improvement from what it was 3-4 months ago, talking about the business outlook going forward, JS Negi, independent director of Pradip Overseas said the company's margins are likely to improve in second half with the fall in the prices of the raw material.
In an interview to CNBC-TV18, Amit Thakkar, president of Pradip Overseas says, the company is planning to raise about USD 30-40 million by this financial year. “The fund will be utilised for infrastructure capex as well as for retail branding.”