Thanks for the input @tarun2586 . Been tracking this co., for few quarters and yet to find conviction on business. Few notes i have after listening to this concall was as follows, appreciate if someone who tracks/follows to guide please.
- Is there any particular reason why the company is not been under coverage of any MF’s, Institutions or HNI’s? The concall ended almost in 50 mins, with very few fund houses joining. The co., is part of Motilal 250 Index fund and seeing gradual holding increase since few quarters.
- Why the co., is trading discount to its peers? Be it steel pipe & strips or FMEG segment. Is it because of the diversified business segments it has and market discounting?
- Any further inputs on the MD (Raju Bista, MP) and his involvement in business? Does his political connection has any significance and risk in business? How long he has been in the company, and is he connected with the promoters or an employee only?
Discl: Holding small tracking position.
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