Hey, I personally feel the corporate governance issues have been discounted now & given the sheer price run up in aegis logistics during the same period when Ganesh went down due to corp governance issues, I feel it looks really interesting from here.
Key points to track will be the possible realizations of the contingent liabilities & how well they clean up this issue.
Another key point to track will be the completion of capex as management believes that will get executed by FY27 & although they are guiding for EBITDA margins of 80%+, I am pretty skeptical about the same.
Disclosure : holding from Rs145 levels & added at Rs.128
Given the major revenue growth is expected to come 2-3 years down the line, I was planning to adopt an SIP based investing strategy however given the recent fall, it gave a good entry point where marquee investors are putting money at Rs.165-170 levels.
Subscribe To Our Free Newsletter |