Personally for me, low promoter holding of Amara Raja is the deal breaker. With promoter holding only 28.06% stake, I really need to have huge confidence in the promoter integrity and honesty before putting my money on the block, which is not the case here. Also history shows that any new technological change may bring in new market leaders in that sector. So betting on old war horse to adopt and adapt in dynamic changing environment also needs to huge leap of faith on management and promoters.
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