Topping the list is Future Gaming and Hotel Services Pvt Ltd which donated a total of Rs 1,368 crore in bonds while making a cumulative profit of only Rs 368 crore in four years.
Philips Carbon Black (PCBL) on Tuesday approved the acquisition of Aquapharm Chemicals Private Limited for an aggregate of Rs 3,800 crore, the company said in an exchanges filing.
“If you look at what Honasa has reported, in terms of profit growth and all, given the market cap, it is not anything great. And when you do an IPO etc., post that after fundraising, some improvements etc. will happen, but longer term sustainability is going to be a big issue, as we have seen with Nykaa also.”
Top stock picks for today: Mileen Vasudeo also recommended PCBL Ltd (formerly Philips Carbon Black). "Investors can buy the stock for targets of Rs 208-222. Keep stop loss placed at Rs 166," he told BT TV. The stock was down 0.28 per cent at Rs 179.50 today.