The company is available at very cheap prices no doubt. But certain things need more attention and clarification. If anyone can clear it up.
A. CEO is from the broking /securities background. How experience in broking background will help in roadways and infra business is anybody’s guess. I at least not able to see how these two fields can overlap, as experience in the broking industry is very different from the experience required to build roadways and highways.
B. I skimmed the annual report and noted there are only 9 permanent employees on the rolls. I am intrigued to understand how an infra company can function in a labor-intensive industry
Infra in India is a very difficult undertaking and would be watching the company to see how they shape up. D- No investments.
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