Thursday, 1 February 2018

Under budgeting of subsidy will weaken liquidity profile of fertiliser companies: ICRA


PUNE: Liquidity profile of the fertiliser industry will continue to be weak with spikes in short term borrowings in the second half of the year, and higher interest costs on the same due to under budgeting of subsidy, said sector analyst ICRA.

You can read more here: Under budgeting of subsidy will weaken liquidity profile of fertiliser companies: ICRA

No comments:

Post a Comment

Life insurers earn more in Oct selling lesser policies

The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...