Fri, Aug 29, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Developers, Finance more

India: Mid-level realty companies reel under rate burden

Posted on 24 August 2011

Institutional investors are trimming their exposure to construction stocks as they expect higher interest rates to put pressure on their bottomlines at least for the next two quarters. A quick look at the financial performance of mid-cap construction companies in June 2011 quarter reveals many are reeling under the pressure of rising interest.
Almost half the operating profits of most mid-cap companies have gone into servicing the huge debt burden on their books. This may increase, going ahead, say analysts……………………………………….Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031