They just released an Investor presentation. All is not bad but there seem to be multiple bumps on the road. Pledge process is still in progress. I dont understand how it takes so long to unpledge shares but theek hai.
On the positive front, guatemala deal and zomato tie up will give good traction to Chuck. Let’s see what happens.
If they can manufacture here and export. To USA markets in the future, margins might be healthy and sustainable leading to a good PE re rating. But that is too much in the future. Let’s see what happens in the coming quarters and the new FY.
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