Haven’t studied the company yet. was just going through the cheif justic’s judgement on the indiankanoon website.
A recent discussion on the company revealed that the mangament is very honest and dosen’t resorts to bribing the xyz board (won’t name for obvious reasons) or its officials, so this xyz board tried to get HIKAL’s production units closed for as long as possible…
In all, the crux actually seems to match with the court’s judgement…
The judgement referred to is here : Hikal Limited vs State Of Maharashtra Thr. Gp And ... on 23 June, 2022
But, would like to know from the people following the company, why hasn’t the business recovered or is it the perception of the company that is bad as of now?
dis : not invested