Again, the interest reduction will definitely be helping all the debt ridden companies, but can they show significant improvement where the EBITDA is seen to be much lower than the interest burden also. Hypothetically if I say that EBITDA is Rs 1,000 crore and interest is Rs 1,100 crore, then what you may see that EBITDA will be equal to the interest cost so will that be really cheering the market? I don know. So, these are things which need to be factored in and consider while taking a call on these debt ridden companies..
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