Amit Sheth is promising the moon while zero followup on execution from last many qtrs.
In each new concall he comes up with something novel to lure investors.
For instance, during q2 concall last year he talked about home lighting segment possibilities and about them doing some tieups with other home decor companies to come up with common retail showrooms. Zero followup and execution.
They have been talking about railways as a huge growth driver from past few years which is yet to be seen.
Now they came up with this ‘green’ lighting new tech during q4 concall…really?
Not very satisfying answers on any real questions on calls including on receivables etc.
Many VPers in the past have raised questions about their financial practices and real on ground presence several times on the thread.
So many other points i can mention on past promises undelivered…while they keep talking about new stuff in every other concall.
I don’t know if they are as shady as this all sounds, but this ain’t how a good mgmt really works.
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