I am going to critically look at MTAR’s most recent earnings, guidance, and overall industry dynamics in the new year. I will share my thoughts together here once complete. Aiming for Jan 15, at the latest.
My key reason to remain invested would be my belief in MTAR’s ability to keep scaling up its fuel cell business, and the its ability to start mass manufacturing electrolyzers. The revenue diversification, away from clean energy (ex-nuclear) would be a bonus.
I am no expert on Telugu naming conventions but, looking at the IPO prospectus here, I saw that P. Srinivas Reddy (company MD) got the majority of his shares (at that time) as a gift from a P. Leelavathi. Below is a brief profile:
If that is the same person as Leelavathi Paravatha Reddy, I am the least bit bothered by the sale, but I can’t confirm.
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