I think most people are sceptical of reasons behind these snippets of positivity from Renison. The SP is far more impacted by the progress at nifty and everyone knows that. All that said any good news can’t be bad. Might keep SP steady until the next big Nifty notifications. The reset plan update says flat into end of September quarter and then a gradual incline. Well September qrt ends in 3 weeks so hopefully we are close to improving production. Hopefully is far from certainly.
Ann: Renison Update Outstanding Performance and Growth Potential, page-8
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