Going back to my previous comment made 6 months ago on the company, I still don’t fathom the hype around this stock. In the last 2 months I have got several whatsapp tips on this stock.
I’d rather play EV theme, if at all, with better quality names and protect my capital.
Small or microcaps with zero ownerships from institutions or tier-1 PMSs are driven by liquidity from tier-2 PMSs or big HNIs and once they notice sign of bull market flattening or in recession they will bail out causing even further deep cuts in the stock prices.
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