MTAR Technologies – A wager on innovation meeting economies of scale

Guidance is mentioned in Press Release. 45-50% growth as some talks with customers are in final stages.
However, the things to watch out for are

1. Is the target based on confirmed orders or expected orders?
2. Chance of further deferment of exports to customer (Bloom Energy)
3. Reason for promoter selling. Whatever may be the answer, this is going to be a bad remark for Corporate governance of the Co

Disc: Just my thought. No reco to buy or sell