Using this tool, we searched for companies that saw a fall in their ratings between 2018 and 2023.
Two failed high-profile acquisitions affected the company’s revenue and profitability.
Failure to keep up with the rise of OTT, a changing business environment and corporate governance issues led to a drop in revenue and PAT.
An adverse macro environment, high raw material costs and the industry’s capital-intensive nature contributed to the decline in Ramco’s performance.