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BS READS: A debt-laden gym chain, a tainted auditor, and the missing crores
Even as Talwalkar group firms are defaulting on interest payments, Talwalkars Health Clubs has been pumping money into newly incorporated firms with negligible operational income and no track record
Talwalkars Group stocks plunge up to 70% in four weeks on ratings downgrade
Talwalkars Healthclubs and Talwalkars Better Value Fitness informed the stock exchanges that they have defaulted on interest payments
Talwalkars Healthclubs, Talwalkars Better Value tank over 50% in six days
Talwalkars Healthclubs (Rs 41) and TBVFL (Rs 22) were down 5 per cent each on Thursday and have tanked 55 per cent since July 18.
Talwalkars Better Value Fitness gains as board approves demerger of gym biz
The stock was up 6% to Rs 240 on the BSE in early morning trade
Talwalkars Better Value Fitness gains on good Q4 results
The stock was up 6.5% at Rs 208 on the NSE as compared to almost 1% decline in Nifty 50 index at 09:36 am.
