Acrysil: Debt and Equity Dilution Continues To Sap Profits
Moneylife Digital Team 28 May 2018
Acrysil was an extremely promising stock between 2008 and 2011 when it recorded strong growth as its revenues and profits grew on the back of low debt. However, the promise of its unique product range has been belied. Acrysil, which makes quartz kitchen sinks, has been struggling to grow healthy post-tax profits, although its revenues have been rising steadily. Parallelly, to support its...
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