In 2018, in line with that year’s budget, Sebi said large corporates had to raise at least 25% of incremental borrowings during the financial year by issuing debt securities. The move was aimed at deepening the corporate bond market.
Carraro India turning the corner, offers an entry point
The company has in-house design and manufacturing capabilities. However, it historically has a lower operating margin before depreciation and amortisation (Ebitda margin) compared with peers.
December 23, 2024