At such point, when promoter is hiding sales from.last 5 years, and if its true, even if to save taxes, then its a huge governance issue and then trusting such management for future is not easy. I purchased this, instead of havells due to high growth and growth-hungry promoters. But if they are unethical, then what decision to take? Today its down by 9% , but I dont want to take decision in haste and not without verifying these claims. What should be the correct strategy? This is my highest weightage bet as well as highest profitable bet.
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