You must be knowing that company has been taken over by Mr.Mukesh
Ambani. The Debt ratio is not favorable currently as company had before
take over issued public fixed deposits at high rates which are not
being renewed and nor new deposits being accepted. This will eventually reduce the
Buy Mirc Electronics with target of 10 in short term
Mirc Electronics is the company that owns and sales electronic items under the brand name "Onida".
Facing huge financial cost, the company raised money through right issue to existing shareholders at a price of Rs.6 per share. The allotment took place just few days back and company intends to repay
Facing huge financial cost, the company raised money through right issue to existing shareholders at a price of Rs.6 per share. The allotment took place just few days back and company intends to repay
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