Or may be the company is not confident about its performance for upcoming quarters, hence under the ploy of being in the fund raise mode, they will duck all the uncomfortable questions terming them futuristic, as was done on a number of questions during current con call. Else when the fund raise was to be completed by Q2 FY 24, why was it announced just before the results and con call ? It could well have been considered after that and the investor should have been shown clear road map for subsequent quarters.
Disc : Invested at higher levels.
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