Anatomy of pump

Read below thread & articles

https://t.co/Zw9TDgFH8M

https://t.co/oeNhoq9fnz

https://t.co/DDRo4pP8O3

All identical. Many more links on net

Clearly co PR or cartel planting this misleading narrative on massive scale thru media/twitterati

Beware

#ccd

How did the debt come down :

1) sale of stake held by co in Mindtree to LnT for ~ 2700 cr. This was actually done when VGS was still alive. just months b4 his unfortunate death

2) sale of real estate asset global village tech park to blackstone for approx EV 2000 - 2500 cr
3) CDE lost controlling stake in its subsidiary Sical Logistics as lenders invoked collateral shares. SCL had debt of 1500 cr which used 2 add 2 CDE consolidated debt

But no control = SL no longer subsidiary = it's debt can't show in consol debt of CDE. Just an accounting thing
So as you can see, most debt reduction has come from selliing prime non core assets. Not operating cash flows!

And another 1500 cr debt disappeared from book because they lost control of a subsidiary due to defauls
Malavika Hegde is in a tough spot and may be fighting hard to save CDE. There still are some other non core assets which can b sold to pay dues. But overall the CCD biz is struggling - unlike what the current narratives being planted by someone are saying
Look for yourself : the ccd operations are shrinking. This screenshot is from their annual report
Also even though networth is 3900 cr on consol basis, there are about 2700 cr of related party loans on asset side. These i think are part of what investigations revealed: some 3500 cr of loans to related party.

No news on how, if and when this money is coming back.
Other auditor qualifications in annual report also paint a pic of a company struggling with cash flows and many dues.

The last credit rating report also said : issuer not cooperating
There are just too many red flags.

The planted articles r trying to suggest the biz is turning around

I wish it does cause CCD has a lot of good memories. But then there r economic realities

& unlike the planted narrative, no investors pumped in money. I couldn't find ne news
The thread is not a recommendation to buy or sell. Do your own home work.

Atleast read the management's and auditors own words in the annual report.

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@AdityaTodmal
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The full story of || Dhruv ||

We’ll see How Dhruv occupied a fixed position in the northern sky?

I repeat “Untold Unsung now Unearthed”

Go through entire thread carefully.

OM NAMO BHAGWATE VAASUDEVAAY

RT & spread the knowledge.
Any questions use #AskPratz


.... continuing from previous thread/story

O prince! Thus concentrate on that omnipotent eternal Lord with the mantra - ‘OM NAMO BHAGWATE VAASUDEVAAY’ .

https://t.co/H62ehDT3ix


The prince Dhruv greeted the sages and continued on his journey. At last, he reached a beautiful forest Madhuvan on the bank of the river Yamuna. It was the same forest, which was later occupied by a demon Madhu.


Shatrughana, the youngest brother of Sri Rama had killed demon Lavan, son of Madhu in the same forest & founded the township of Mathura. In the same forest, prince Dhruv decided to carry out his penance. As per the dictate of the sages, he began to recite the mantra continuously


Very soon, the earth began to move because of Dhruv’s severe penance. Even the seat of Indra could not remain stable. A stampede resulted among the gods. The gods then hatched a conspiracy to disturb the penance.