Apart from the signs of corporate governance being loose, at business front, order book growth and execution has not been upto the mark.
Q4 23 and Q1 24 saw around 80MW quarterly runrate, however Q2 was tepid.
There was a tender win from gujarat state however it was in nature of bidding and margin need to be checked.
Another order being hyped is merely an MOU with a little known company.
Request boarders to share their opinion for the quality of order book and margin going forward.
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