Reverse Merger- Sangam Advisors

Thanks @sammy11 for those helpful insights.

If someone has on-ground experience in this field, I wanted to know two things:

1. What is the competition scenario. This would decide if the 12 to 15% margin will be maintainable in the future.
2. Is the cost of 1.25 to 1.5 cr per MW justified. I am unable to understand how Waaree is performing so well on margin front as compared to Sterling Wilson. Could there be any benefit due to the presence of parent group in manufacturing of modules?