In addition to TA, supply and demand when the price is going up also helps.

To witness an idea, an investment, becoming profitable sooner than expected can be called as luck too, and if FA is the reason for such an investment, and when the investment duration is long, and the price has picked up some momentum, we can go along with the price, adding to the position slowly. One unfavorable scenario is consolidation when price moves up fast, and if price falls, we can stop and resume our journey along with the price.

Just some thoughts and I buy following the price too.

which variant of FC is it ?
can you offer a link to this information ?

Any idea why the company hasn’t rescheduled its concall?
Did anyone checked with the company regarding the spurt up in receivables as well as payables?

Dropped them mail, yet to get response.

Everytime you exports products you have to pay duties to Government of India.

Government uses duties to discourage exports. For example let us say we had bad rainfall and agricultural output comes down. Duties are used to prevent exports of whatever little is produced as this will lead to bigger shortages in India causing price rise or inflation.

Government wants to encourage textle exports not discourage the same. So the duty drawback is the government giving back or refunding duties to a textile exporter the he/ she has already paid. So these drawbacks are here to stay.

So please dont misinterpret the data you see

To anyone tracking this company. When the company mentions value added to be increased to 50%. Exactly what does this value add comprise of? Is this the new application in construction business that does 5000 odd ebitda/ton. Or just higher grade core business products. Company never expands on this side.