Mailed management a week ago seeking information for utilization of surplus cash in balance sheet.
No response till date. No reply even after asking management on telephone to look into the subject. 
Disc: Invested 3% of PF at below 100 levels a month ago but planning to exit now due to lack of clarity for growth drivers in future.
My guess...it is all based on some excel formula. 
i am sure that a quick validation check is done with the management but any management tends to be positive, so far out into the future
Hitesh bhai,
This trend is not impacting Waterbase..
Disc : Invested in both Avanti and Waterbase
My 2 cents
Either way, something has to give
Disclosure : not invested.
Nifty has corrected but CNX midcap and small cap has not. Hence the feeling of BULL market
I think the expectation of 2200 crores odd sales in q2 from torrent was a bit too much. Esp in view of increased competition and price erosion in abilify.
Domestic growth was lackslutre but it was a deliberate strategy by the management as oulined in concall post q2 results.
On positive side there are two news
First is that Dahej facility has started production in line with expectation and
Elimination (albeit for a short period) of DRL and Hetero from nexium opportunity.
Negative is that market itself is weak and pharma sector is hurt sentimentally by problems faced by DRL and Sun.
Thanks saji for the report.
Off topic. Does anybody know on what basis do these brokerage houses arrive at the estimate numbers?. If you look at the various numbers like sales, ebidta, profit etc they values like 2259.7 , 493.3 etc. Why not a round off value like 2260 or 500 etc?
From what I understood, its spread between q2 and q3. Around 20-25 days in each quarter.
in case of anant raj industries
it has several sez. specifically manesar one.
it has a occupancy of 40 odd percent which can increase due to congestion in gurgaon.
also land in bagwandas road is worth more than debt.
once real estate market looks up, it will become multibagger and in bad times it has a lifeline in form of rent.
ksk has a rs 5 plus ppa with up of 1000mw and 500mw with tamil nadu.
ppa are scarce today. also numbers may vary a little as i am busy today.
wait for 2 years. it will be earning pataka.
simple logic: let asset to start and sweat the asset till you get sufficient returns.