Value investor Porinju Veliyath hikes stake in this underperforming stock

For the quarter that ended December 31, the company reported consolidated net sales of Rs 100 crore, up 9.52% from last quarter’s total income of Rs 91.3 crore and up 10.25% from year-ago quarters’ total income of Rs 90.7 crore. The company reported a net loss of Rs 17.7 crore in the December quarter

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