Important update:
Ashoka buildcon secured a TCAS order recently and some more new entrants entering this TCAS/KAVACH space. Till now I think that only three players are existing in this space (Medha, HBL and Kernel) but recent news suggests that TCAS space competition is intensifying and new players are also participating in tenders. This is definitely a negative news for this stock on TCAS point of view.
Please share your views
With thanks
Disc: Planning to reduce the stake
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