Does anyone have an idea who is the customer in EV segment with 75% concentration? And also about other significant customers?

Why this should be an alarm? Small companies are mom and pop stores; with family people sitting at top positions. If company is able to scale then management structure will change.
Note: Not invested in Prevest, but tracking if they manage to get orders from USA

Keep a watch at 426-430 levels (yellow -line). Till the time it does not give 2-3 weekly closes above this level, there is no hope.

One suggestion to everyone – look at few of our charts, see where we draw the resistance lines- find the pattern and your life would become easier.
Weekly Chart

Disclaimer : This post is just for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability-study methods and chances of success/failure depend upon various factors

Yes, very rewarding after much delay and tension. Those who entered just before demerger, have more than doubled their investment at today’s day end price. Many patient investors have made multifold return as Mirza started upward journey from 50 level just during pandemic times.
Many learned investors in this group have pointed out time and again regarding long term investment and rewarding returns.
Though my journey in Valuepickr is not very old, still I have my share of rewards.
I take this opportunity to express my sincere thanks and appreciation to this forum and learned members in helping me to enrich knowledge and for timely information.

Very strong numbers posted by HBL.

Very strong growth in revenue. And the bigger highlight is the EBITDA margins improving from 11% to 16%. Management beating their own expectations

A segmental view of the results of HBL power:

Sharp improvement in the margins of Industrial Battery division along with rev growth.
Electronics division growing rapidly on a smaller base.
Degrowth in rev of Defence and aviation battery. However the margin improved here as well.

Overall it was indeed a very strong quarter. The aggressive guidance published by the management earlier this year now looks like might be achievable.

Another update is ” The change in role is from Executive to Non-Executive Director. Mrs. Kavita Prasad Aluru (Daughter of MR AJ Prasad) expressed her intention to take a temporary break from executive role of the Company on completion of her current tenure on close of business hours on August 09, 2023.However, she continues to be a Non-Executive Director and member of various committees of the Board of Directors.” —-

The biggest challenge is no concalls done by the management. A better insight of the top management would have given a lot more confidence. This makes it very difficult to hold on the to the existing positions at these valuations.

DISC: Invested from very low levels. Have trimmed my positions recently.