For ARV, they have been saying the same “worst is over, next quarter is better” for the past 1 year. Now also they are saying the same.
Regarding guidance , on 28-Jul-22, CEO said $1 Billion, its very much achievable.28-Jul-22(ie 1 month into quarter and by then they should be having great visibility of next 2 months).
Destocking too, they have been saying its over. In Q3,Q4 FY22 they said worst is over, but things haven’t improved much and they are saying same.
They should stop giving revenue targets and focus on expansion activities.
Street has been very disappointed with results and commentary today. Next week it can fall more
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