Any Pune VPer planning to attend the Garware AGM on 11 Sep 2018? pl DM me in case of queries n other info
A good article on Garware Tech Fibre
Did any one attend the AGM last month ?
That could be because they are taking the working capital loans at a much significant less interest rate and are probably getting high interest on the investments.
I have got interest in this counter due to resilience of share price in this falling markets.
Other points to note:
- Looking at Q2 FY19 results there is capital work in progress of around 6 cr. Company might be started deploying cash which is otherwise in last few years there is no capex.
- Company has done a tremendous job of improving the margins from last few years. Are these margins going to be sustained?