Fundamentally I dont think anyone can argue with medium to long term looking very very good and very much on track.....its the short term noise of SP and option conversion causing issues.
Make in India getting set
NLC getting constitution sorted ahead of timethanks to OM.
Those that think there will be a delay after june imo might be kidding themselfs. Funding modelling is delayed via R&D outcomes which defines the approach.
This is a TPA!!!...not ECT presenting a model and pitching for business. NLC and NMDC are at the table every 2 weeks to month, working through the issues and strategies regarding site specific integrated coldry matmor plant 'in person' with ECT India...initiating 'Make in India'. MN Dastur and Thermax also. SP going lower from here? for those that sell not knowing the enormity of the upside. GLTA either way. risk v reward
March Top40, page-11
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