Praful Nanji Satra, promoter of the listed company, had challenged a plea filed by VISTRA ITCL India with regards to the company’s default on secured redeemable non-convertible debentures (NCDs) worth ₹56 crore.

NCLAT rejects Satra Properties plea, sends company into insolvency

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-Satra Properties (India) Ltd - Undertaken Some Cost Cutting Measures - Investing.com India

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Profitability and efficiency haven't been upto the mark

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Satra Properties is a holding company, which is engaged in the development and construction of properties

Satra Properties (India) Ltd

Satra Properties (India) Ltd

Scorecard

News & Opinions

NCLAT rejects Satra Properties plea, sends company into insolvency

BRIEF-Satra Properties (India) Ltd - Undertaken Some Cost Cutting Measures - Investing.com India