Hi Santhavel
I am still awaiting their response. I had sent multiple reminders to their IR team but no one cared to reply or connect to the relevant person. I first invested post covid, exited around the peak in 2021-22
I entered again recently with a small position. But after this episode, I exited my position completely
In their past annual reports 5-6 years back, they mentioned conserving cash for future growth opportunities. It made sense as they were quite a small company but somehow I feel they have completely missed the bus, while other alloy companies expanded and are now reaping the fruits, they have not been able to acquire something big nor grow organically.
Subscribe To Our Free Newsletter |