In a TV Interview with CNBC, Raghav Mentioned that ‘Artificial marble and Semi-conductors is some of the newer diversification company is looking at given they have access to one of the highest qualities of Silica in India’.
This info I believe was private before this, but mgmt has now said it over public forum and I believe this is the reason there was a pop of 15% on that day.
These are at only R&D stage as of now, there is no material developments as of now.
Rest of the interview was basically a summary of annual reports of last 2-3 yrs – same stuff nothing different.
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