FMCG stock hits 5 % upper circuit after company reduces its debt by 94%

In a remarkable turnaround story, this Indian coffee chain has transformed its financial landscape, slashing its massive debt burden from Rs. 7,000 crore to just Rs. 427 crore through strategic asset sales and operational restructuring. This article explores how new leadership navigated through crisis, following the tragic loss of its founder in 2019, to stabilise … Continue reading FMCG stock hits 5 % upper circuit after company reduces its debt by 94%