Nine companies of BSE 200 have debt-equity ratios of more than 2 times and interest cover of less than two and a half times. Top on the list are Aban Offshore, Dish TV, HCC and Shree Renuka Sugars — in that order. The other five are Jaiprakash Associates, Bhushan Steel, Lanco Infratech, GMR Infrastructure and Essar Oil.While debt levels of these companies are high, the rising trend in interest rates has added to their woes. On top of that, operational pressure (on account of a slowdown in demand) has only made things worse, impacting their earnings
No comments:
Post a Comment