The recent management to me seem to have good intention for shareholder value creation and not like Anil Jain where they achieved every target in terms of number of what they said and as far as sale for foreign business is concerned they were able to sell in line with what bharat ji told i.e., geography wise and from my recent channel check i was able to identify that big growth opportunities in terms of industrial packing is available in middle east and also big development is happening there esp. in Saudi so if they retain 50% stake in it is a good point.
but recently confidence petroleum also announced that they would be undertaking capacity installation for type 4 CNG cylinders and they have a plan to add 500 CNG stations by 2025 so how we should see this in terms of value creation?
who has better probability of it because both have similar margins in range of 14-15% while time techno has LPG cylinder capacity of 1.4 million and 1080 cascade CNG will be onboard from this year end
can anyone help me with it?
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