Yes. The history was not good so as the whole Solar industry in India. A small company like Websol arrived to market with just 1 MW capacity way ahead of its time (Globalization year 1990) and suffered due to unfavorable policies. The traction in this sector was visible late 2010 only. So, there is nothing wrong in calling a spade a spade. Much respect to Vijay malik Sir.
However, the market is always a forward looking one. So, the shareholders must be interested in the future of the business and its potential to create a meaningful value. let’s hope the Management walk the talk. Just my opinion. Hope the below image will summarize this discussion.
| Subscribe To Our Free Newsletter |
