Not sure if still it could be seen as pattern. Haven’t seen latest investor ppt of India Grid as well. AGM held few days back. So possible.
But mgmt must be aware of potential Qs around acquisitions. If the trend continues next Qtr, then will take fresh view. Being Govt backed, complacency expected but difficult to comprehend as PSUs have been very aggressive from past 2-3 years. Need to keep track
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