I gather from Abhishek Kulkarni, a young n persevering full time investor, who attended the AGM that it was a well managed event, with elaborate discussions about the business. The Company is doing very well. The Export sales are not hedged n so are benefiting with the falling rupee. Rubber prices have also been falling so the business is currently in a sweet spot. The Co. has also recently won a Govt. contract. All the shareholders were later taken for a factory visit.
My own expectation is that we can expect good numbers from the Co. in the foreseeable future. An interim dividend along with Q2 results is also a possibility.
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