Great research and insights .Please keep sharing !
Agree with what you said on adjacency .Anyway NGL strategy has been almost like “strengthen the core and grow more thru adjacency also ” .Rare to see such great allocator of Capital .Staggered capex of 140 cr thru internal accrual is an example (pay as you grow model type) .
Discl :Views may be biased bcos of my holding
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