The management appears to be making desperate efforts to prevent the stock price from declining ahead of the upcoming rights issue. The stock has been undergoing corrections since its last peak, indicating an evident overvaluation. Following yesterday’s media release, it experienced a 7% surge. There are high expectations for the future performance of both ARAPL and ARAPL Raas. The fulfillment of management commitments remains to be seen, and only time will reveal their ability to deliver on these promises.
Here is a latest media release-
7739cfef-9c13-466e-b25a-744feccba92d.pdf (334.4 KB)
Disc- Invested a lower levels
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