Conclusion of latest earnings call is, management or especially shiv kabra is conservative in the cash cow which is their core business but aggressive on new verticals which they have acquired ( Vshapes, Codeology, Markprint B V). They are committing atleast 50Cr for RnD on Vshapes to reduce per sachet cost and to use recyclable materials and this business is similar to the biggie “Tetrapack”. Shiv is very pessimistic on this which is unexplored and they have 2 to 3 million euro of sales as of now, if this clicks they can do wonders but the probability is quite less according to me.
Exited fully @ 865
200 DMA broke down
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