Brother, metro work has been going for 15+ months now. This isn’t the first time Mumbaikars have been inconvenienced due to metro work + Nesco exhibition. In fact, I’ve personally suffered due to exhibitions at Nesco and metro work making driving to south of Mumbai a nightmare. So nothings really changed in the last 15+ months.
Now let’s assume the govt. does wake up to this situation and does decide to to do something about it - won’t the Nesco management try and work out a solution with the government? Won’t that be the most practical thing to do? Problem solve! Maybe rickshaws that are parked outside can form a queue inside Nesco (they have ample space in their campus), maybe they can deploy more man power (including traffic constables) to manage the situation better, maybe they don’t allow cars to stop there etc etc. The govt. asking a legitimate business with relevant permissions to shut down completely sounds a little too drastic and draconian.
Now, let’s assume they do ask them to shut down on certain days or months due to a social movement. Sure the revenues/profits will suffer for a few quarters (metro work is scheduled to be over by Mar 2019). However, to me as a long term investor do a few quarters of hiccups matter? Not really (personal preference / opinion). I’ve been invested in Nesco for the last 4+ years with every intention to stay put till the story continues (5,7 or 10 years). So in the larger scheme of things, to me this is really irrelevant (again personal preference / opinion) . The mgmt being shareholder friendly (they’ve increased dividends each year, have done buybacks and most importantly reinvested the cash back in the business) I’m very comfortable just hanging in there if the worst ever transpires. Those are my 2 cents on this. Cheers.