Promoter holding increase seems to be transfer of shares between one gentleman and promoter (Not sure) as the said person has exited and approx equal proportion of promoter holding has increased.
Company is giving out many plans but the scale up doesn’t seem to be happening. EU and Australia approvals are not resulting in good scale up of business. Not sure whats happening.
The balance sheet seems strong. But recently margins have dropped.
Stock price has barely moved here.
Anyone has met the promoter or visited the plant?
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