I was reading below money control article of top debt defaulting companies in India
Something which amazed me was that out of the list - 2 companies (Prakash Industries & Prag Bosini) came pretty clean in term of Debt-to-Equity ratio on screener site,while above moneycontrol article says they are defaulters.
I couldn’t find anything wrong in their annual report as well.
Any suggestions what I am missing here…