It seems like a poor decision by the promoter. There have been 3-4 acquisitions, a venture into the insurance sector, the acquisition of GoAir in a personal capacity, and now a move into the completely unrelated and risky business of assembling electric buses. Despite these concerns, I am surprised to see the market react with a 10% increase.
Disclaimer: I am not holding any position in this stock as I exited at the right time (as mentioned in a previous post).
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