I also have investment here. Not very sure of moat and its competitors but when I saw work from defense then I took that as moat.
Also, I saw base for profit was very small for sept and Dec. So, if it could give positive results in coming qtr then we can hope of big gain. Old tender won still have time to expire so pretty safe. But I don’t know why its profit was low for sept and Dec qtr and why it posted very good result in March qtr!
Due to low liquidity, we can’t add big money here. Just 1 lakh rupees can buy nearly 2000 shares and most of the days, 2000 total shares traded.
I am also hoping gain from recent de freezing of oil fields by govt. Tenders for that will start in 3 months time from now. What do u think of that? Can it get anything from there?
Invested here.
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