@Pratik_Shetty yes, the management was not concerned about shareholders queries. There was no direct answer to questions. The management seemingly not interested to interact with shareholders rather than completing the formality. I think professionalizing the management is best next step the promoters can do to grow the company and unlock value. Lack of transparency and not opening up is actually hindering the value creation by the company – to all stakeholders. Company remains undervalued w.r.t capacities, products and customer franchise, pressure from inputs costs may ease (most likely) and if the realization improves (likely), coming quarters will be better. If the management only wants to publish results and keep quiet, the full potential of the company will be hard to achieve. On the other side, they seem to hardworking at the plants, so I still think their interests are aligned to grow the company.
Disc: invested.
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