True. It has been disappointing. Even after the company attending Investor conference organized by their IR and some 1 on 1 meetings, company hasn’t been able to attract any big investor of note.
Company can do EBITDA of 260-280 cr next year, still no takers. The recent technical action of stock hasn’t been good.
BCL is of the most efficient grain processors and grain-based Ethanol manufacturers, with assured demand for it products. Still, it has not attracted big players, while stocks doing a fraction of its Revenue/EBITA/PAT at lower margins are flying high, with bigger market caps based on some made-up stories/MoUs most of which won’t fructify.
Anyways, it is what it is. Market is supreme
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