The Company is not helping itself by not advertising. Considering that the industry is highly competitive and also includes unbranded players, who hold significant position, innovation in the product range is a must. Further, the reason for which the company is raising funds is to settle another obligation, meaning, new funds aren't going to expand capacities or bring a change in portfolio however management could have it's own plan.
The Company is not helping itself by not advertising. Considering that the industry is highly competitive and also includes unbranded players, who hold significant position, innovation in the product range is a must. Further, the reason for which the company is raising funds is to settle another obligation, meaning, new funds aren't going to expand capacities or bring a change in portfolio however management could have it's own plan.