Sharda raises funds, looks they will repay the high cost funds from promoters (10%).
Con call transcript, company confident about the cost to either remain steady or tend to come down, no more escalation. China market, according to management is turning from sellers market to buyers ( more suppliers are available), looks the bad time is fading away. NAFTA region performance is very good and regarding trade war between US and China, Trump will try to avoid farmers as they are his vote banks and if he does, prime victims will be Chinese companies.
Discl: Holding it from 460, accumulated today