Granules India Buyback Offers Hope Amid Coronavirus Turmoil
Q4 Will Be Impacted By Coronavirus-Related Export Restrictions
Executive Summary
Granules India’s buyback offer seems to be timed right. As the novel coronavirus crisis batters the Indian stock market, a 32% premium offered by the company is an attractive proposition for investors. However, its Q4 performance will see a blip on account of paracetamol export restrictions.