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ICICI Direct: Elgi Equipments Turns Ex-Bonus

Elgi’s strategy on cost reduction and focus on cash business would help it deal with working capital, debt and liquidity pains.

An assistant chief of engineering  looks at a compressor unit (Photographer Kevork Djansezian/Bloomberg)
An assistant chief of engineering looks at a compressor unit (Photographer Kevork Djansezian/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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