“The valuations of these companies are very attractive, but investors have to be selective in buying. Companies without any debts are finding it difficult to raise working capital,” points out Abhimanyu Sofat, research head at IIFL. Companies without any debts are finding it difficult to raise working capital,” points out Abhimanyu Sofat, research head at IIFL. “The valuations of these companies are very attractive, but investors have to be selective in buying. Companies without any debts are finding it difficult to raise working capital,” points out Abhimanyu Sofat, research head at IIFL.

Source: Economic Times October 22, 2019 02:37 UTC