Krsnaa Diagnostics – what is the diagnosis?

The same point came into my mind for the Olectra Deal.
Too big of a deal and over 10-12 years if im not mistaken.
Govts can change, ideologies can change seeing how ESG is now being given up on.
Adding to above, the desire for people to own cars – for convenience and status symbol. They rather go for EVs over taking buses. If many investment thesis are based on India’s consumption growth then why can’t we expect people to buy more cars, even in tier 2 and 3 cities ? and across social hierarchies ?

Dealing w govts is always a risk. They are not answerable to you. Suing them is well, a waste itself. If you don’t have the connect like TATAs do ? its a big risk.

Rightly stated KB.
Good Job.