I don’t have specifics but what is probability of Chinese shutting down their pharmaceutical plants. During Covid you need more medicines not less. Without API no medicine can be made.
Also during q1fy23 concall they were saying that some Chinese shipments will be pushed to q2fy23 which didn’t happen. What happened they couldn’t deliver any shipments!
More over their repeated confidence of delivering 25% revenue growth and 40% ebida margin are just dreams in thin air. We have to discount this management to great extend before believing anything they say.
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