
9th February 2011, 01:53 PM
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Sachin Asher
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Join Date: Sep 2006
Location: Vadodara
Posts: 8,632
Rep Power: 383
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Quote:
Originally Posted by rameshbende
Looks like people who invested in FPO got decent returns. Couple of days back stock was trading in high 640's.Company is about to issue perpetual bonds of half billion dollar which should be good for company to relieve some of the debt.
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Perpetual bonds have almost similar characteristics as debt.
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