Ganesha Ecosphere Ltd has been making fibres and yarns out of PET waste for the textile industry for more than 30 years, but has been hamstrung by the slowdown in demand in the US and EU in recent years. Why, then, is its stock trading at a trailing 12-month P/E ratio of more than 70? Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
