Promoters are very reputed. One good thing i heard is that they even pay intrerest to banks many months in advance , which is rare and commendable.
The other moat is that it takes many years to setup a plant. Getting mining leases , etc is tedious and time consuming.
Sometimes it is better to have a promoter who is not very ambitious. There are many instances where promoters chasing growth have misread the demand leading to companies going under.
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