Just to add to your points, while they did replace the CFO, a new professional CEO has never come (Sanjay Thapar wanted to remain as a Director and take up a more strategic role, with KA Joseph focusing only on new product development). Wonder what made them reconsider their decision of a new CEO. This also says about the drive of the current CEO who doesn’t want to run day to day operations and me more hands on. Agree with you that the mgmt. (Mr Sanjay in particular) sound overly optimistic despite generally missing expectations for multiple quarters since listing.
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