Auditor flags RINL’s ability to carry on as a ‘going concern’ as debt widens to over ₹20,000 crore
A high debt to equity ratio is indicative of a leveraged firm and stress on finances
A high debt to equity ratio is indicative of a leveraged firm and stress on finances
A Hong Kong court-appointed liquidator for China Evergrande, opens a new tab on Monday
The stock hit an all-time high of Rs 2,850 at 12.50pm on January 29
According to analysts, the lender's consolidated net profit is anticipated to experience a significant 25 percent year-on-year growth, reaching ₹3,716 crore
The net profit, at Rs 231.6 crore, is almost with the miss market estimates of Rs 415.1 crore crore
The company had in 2023 laid off 10 per cent of its employees
In the previous quarter, Q2FY24, the company had reported a loss of Rs 1,866 crore