BAJAJ STEEL INDUSTRIES LTD - Proxy on Agri Theme

Dramatic decline in all segments.

Company is not bad, but no interaction with investors, maybe growth was just because of entering US and African market. Trying to do too many things, not worth the risk, as it is business is bound to be deep cyclical, once cotton machinery is bought, repeat/replacement sales will be tiny, difficult to predict growth here. Better to stay invested in predictable, well analysed, transparent biz

It may also just be a game to allow big fishes to make entry bit cheaply

Disc: exited

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