Dear @hitesh2710 ji,
Wondering if you have a view on IRM ENERGY. The stock hasn’t done well since its listing in Q4’23. The results have been kind of muted for the last two quarters, but the company is on a massive capex drive and plans to double its capacity by FY26. Also, they are in CGD business which kind of operates like a pseudo monopoly in my opinion (you have an exclusive right to operate in your geographical area for X number of years)…so to me that’s a big moat. From the VP thread I see some folks are concerned about the promoter not being minority shareholder friendly…and perhaps that’s the reason for not much interest in the stock. Would love to hear your views.
Thanks as always 
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