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Avoiding Losses in Denis Chem Lab Stock by Sam verm is a document available to read on EtoBox.
The stock price of Denis Chem Lab declined severely from Rs. 179 in January 2017 to Rs. 39 in August 2019, representing a loss of 78%. Audits found the company was consistently late depositing statutory dues and defaulted on loan repayments. Despite raising Rs. 43 crores through various equity offerings since 2014, the operating business struggled to be profitable and cash flows were insufficient to properly operate and expand. Investors were attracted to the stock during the bull market but would have been
- Author
- Sam verm
- Language
- EN