Tuesday, September 23, 2025 | 08:20 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Two stocks from the backwaters

V-Guard's debt of Rs 200 crore a few years ago is now more than Rs 200 crore of net cash

stock, fall, sensex, down
premium

stock, fall, sensex, down

Mudar Patherya
Two companies that theoretically should not have succeeded are Kochi-based V-Guard and Geojit Financial Services.
 
In the V-Guard case, let it be wondered why anyone would have selected to buy a ‘Made in Kerala’ product over a ‘Made in China’. The state was considered industry-unfriendly; Kerala was back-of-beyond for most; they would never be able to recruit better sitting in Kochi.
 
Why anyone on the financial markets should have selected to trade through a company as Dalal Street-removed as Geojit is also puzzling. Let us face it; it’s better to trade through a second-grade Mumbai financial intermediary for