The result appears not as per guidance. Sales have been approx 45 Cr only and hence management claim of doing 300 Cr in FY 24 appears unlikely. The finance cost has reduced indicating reduction in debt. With the reduced sales and lower PAT, the valuation as of now is
high. Things can only improve if the subsequent quarters turn to be very strong which can only be expected if there is some concall from the mgmt. In absence of the same, how does one keep conviction. Any scuttle butt on the operations?
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