Thursday, August 1, 2019

Lodha Group#39;s ‘thinly traded’ bond yield spikes to 71% in Hong Kong market

Lodha Group#39;s ‘thinly traded’ bond yield spikes to 71% in Hong Kong market However, Lodha Group in its statement to CNBC-TV18, said that its bond is extremely thinly traded and hence, price is highly variable. They added that their debt is high but there is no interest or repayment default and their debt maturity is greater than three years.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/lodha-group39s-‘thinly-traded’-bond-yield-spikes-to-71hong-kong-market_12830361.html

No comments:

Post a Comment

Paras Defence shares soar 10% as Q2 net profit jumps 50% to Rs 14 crore

Paras Defence and Space Technologies shares surged following strong September quarter results, with net profit jumping 50% and revenue climb...