GUJARAT HEAVY CHEMICALS-No Dividend Again

EPW Research Foundation GUJARAT HEAVY CHEMICALS No Dividend Again GUJARAT HEAVY CHEMICALS (GHCL), a Dalmia group company, has turned out a distinctly improved performance in 1992-93. While net sales have risen by 24 per cent, a fall in the interest burden along with zero depreciation and lax provisions have enabled the company to post a 23.3 per cent rise in gross profit with net profit catapulting from a meagre However, due to an increase in brought