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Yields on US junk bonds have fallen to the lowest in more than two years. So indirectly market is saying that the probability of default going down. In other words improved economic activities
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FEDERAL - MOGUL GOETZE: Q1 CONS NET PROFIT 354.9M RUPEES VS 299M (YOY); 403.3M (QOQ)
FEDERAL - MOGUL GOETZE: Q1 REVENUE 4.45B RUPEES VS 4.1B (YOY); 4.28B (QOQ)
FEDERAL - MOGUL GOETZE: Q1 EBITDA 628.8M RUPEES VS 559M (YOY) || Q1 EBITDA MARGIN 14.14% VS 13.61% (YOY)
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This is how it looks now. Hindsight is easy but expecting such pattern to unfold needs skills and experience. Becha ya "Hum dekhte hi rahe gaye aur FALL ho gaya? 😉🤣😂
