The management was clear when they mentioned that they will announce capex when they have future orders in hand, hence they are waiting for two months before they announce. The cautious approach is in fact a very comforting for an investor that the management will take very calculated call on capex.
As an optimistic investor, I feel that the AI boom and manufacturing power that the country is striving to become, putting up power generation capacity is an inescapable requirement.
Cautious investors must wait for the capex announcement as valuations are rich.
| Subscribe To Our Free Newsletter |
