Joined: 05/Oct/2006
Location: United States
Online Status: Offline
Posts: 355
Posted: 21/Nov/2013 at 1:09pm
Anybody following the downfall of Reliance Mediaworks/Adlabs? I notice since ADAG took this over, they have piled on huge amounts of debt (1500Cr+ secured/unsecured) and the company is suffering only because of the huge interest payments. The stock has collapsed from 1500 to 45...any idea whats going on and what the mood is like within the company?
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 24/Nov/2013 at 8:48am
ADAG ... not sure of the numerology loves another four letter word ... debt!
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