Top Wealth Losers of FY'12
By
siliconindia | Monday, April 16, 2012
4. OP Jindal Group
The stock value of OP Jindal Group had fallen by 21.7 percent which is a market cap of
74,735 crore.
Financial expert, Sandeep Singal, Co-head of Emkay Global Financial Services says, “What we have begun to see is the funnel effect on the income statements. Sales are rising but without imparting growth of similar magnitude to bottom lines due to difficulty in passing on higher raw material costs, steeper fuel expenses and increasing interest outgo due to relatively expensive borrowing.”

