The stock is trading at around 35% higher compared to July 27th levels (last discussion). Does the recent jump have anything to do with the news around Vedanta’s semiconductor foray? Are there any synergies to be expected?
Any other info on new orders won or signs of higher demand in Indian market with the deployment of 5G that could prove beneficial? IIRC, they had claimed to cancel some of the lower margin orders in favour of higher margin ones.
Is the EU/US economic recession likely to affect international demand in a significant way or the current orders are likely to help them tide through.
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