While results are below my expectation due to major issue in Vietnam has highlighted by you (Note 7), one more positive is step to make Vietnam operations fully owned subsidiary from currently JV. We need to understand what are commecial to give exit to the JV partner. However, prima facie a positive factor in my view.
Discl: Added as part of Settelite portfolio during Q1FY23. Last purchase was on 4 August 2022. Not a SEBI Registered advisor/ Not recommeding any investment actions.
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