The positives i could relate to during my last check were as follows -
- new ceo - with good turnaround history at previous company
- new r n d head - good history at previous entity
- new cfo - from previous arun kumar group company. Ideally would have preferred a new face
- new mid level management - as seen on linked in , they are actively hiring guys from api companies esp hikal / etc. would love to see hiring from divis / dr reddy / auro.
It would take a while for company to develop new products. Debt is on higher side considering the scale and capacity company has.
P.s - Have a tracking position. Waiting to buy to some better results. Expecting that in FY 25 onwards.
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