Quarter on Quarter should have been better if the current price is to be justified. At growth rate of 10% annual EPS will be at best 12 implying a price of 120 to 150.
They had invested 50cr in the new plant and the current plants are itself 60% utilised. the story seems to be have been lost… huge opportunity lost.
even egypt and hungary projects not taking off. USA performance has been mediocre for many years.
Concall is a waste of time… for both investors and the management !!
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