Things were not good in recent past thats why this is a turnaround investment opportunity.
If management execution was good this would have been a 10-15kcrs marketcap company instead of 800crs marketcap
The bet here is on potential turnaround in next 2-4 quarters driven by renewed management focus, hug fund raise and industry tailwinds.
Poor Q3 results were already known to the market because of labour strike which lead to 30crs revenue loss and profitsbility. Please read press release in detail.
We can’t keep on discussing what happened in the past as its irrelevant to the investment thesis.
What needs to be discussed is what kind if numbers the company can post.
Also, if you are not convinced that the turnaround is possible then please skip this. There are many other opportunities available in the market!!!
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