Price when posted : NSE: Rs. 111.30
If you analyse Rain management action from 2017 onwards, they have multiple problems from supreme court ban, saction on Rusal by US, fluctuation in price of anode grade GPC and due to which mark to market losses. In 2018 management tried to address these with time factor correction of these issues and some through management action by implementing ACP in their portfolio to absorb shocks from inventory gain or losses and stable margin for CPC business. In 2019 they were suppose to start HHCR plant and new vertical Calciners Market was about to turn around in 2020 and this Covid-19 came which delayed their good work of last 2 years. Now from 2021 onwards if you hear management they are confident to reduce debt backed by new investment and turn around of CPC business and Advanced material business. So now waiting time is over for good results from Rain portfolio of carbon, cement and advanced material business as all has turned around!
Why is the message offensive? Please click on the reason below to notify the moderating team. Marking good messages offensive will put you on the moderating team`s radar.
Repost this message
If you analyse Rain management action from 2017 onwards, they have multiple problems from supreme court ban, saction on Rusal by US, fluctuation in price of anode grade GPC and due to which mark to market losses. In 2018 management tried to… 
Thank you for reposting this message.
