Possible Quantification of the risks if they were to materialize, though these cases the outcome is not that simple.( from latest credit report)
Lets look at ED conviction rate, probability seems quite low purely statistically
Note that similar cases ( mining) are being in news against other groups as well by govt agencies in recent times.
Price pattern of UM hasnt been great in last few months and understandable given flat volume growth reported in Q1, newsflow over global economic/capex intensity,
It is a retail heavy holding stock, regular selling by in active promoters. Here is a glimpse of institutional holdings/ strong hands
What is factored in current price is the key question – Q1 annualized they are at 12 PE, with a near debt free balance sheet and value add capex going on, tecnicals – hovering near 200 MA support.
If we were to look at recent export numbers – looks like good times ahead given strong QoQ volume growth ( note dataset is selective expprts to west world and aug data is partial given some lag – point is direction) – business performance with an eye to technical could be one of the ways for those invested
Invested
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