This research is as of March this year when Mgmt expected scrapping of old vehicles to pick up post election. I clearly overestimated this helped by mgmt bullish views after I spoke to them.
Just FYI, the 0.7m is for FY 2026, still probably optimistic number but just incase.
Also, I do not plan to update these numbers until MSTC declines substantially to me margin of safety. If and when I do, happy to share on this forum.
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