Looks like a C&H breakout. But knowing the price/action here, its probably a C&H because someone wants you to see it as a C&H breakout.
Management is giving interviews and sending promotional dispatches to the exchange
https://www.bseindia.com/xml-data/corpfiling/AttachHis/fae55b0f-f45a-419a-8797-e61c41eeef6c.pdf
There is a possibility of a 1000 Cr market cap post Q4 results. It is still a mystery if this is a pure pump-and-dump or if there is some semblance of business underneath.
Having done a detailed shareholding pattern analysis
I think the management has round-tripped a lot of money via Mauritius and grabbed equity via FCCB (between 2015-2017). I believe promoter and PAC shareholding here should be seen as sum of promoter holding + Heshika + Auctor + SSJ + Silver Stallion + Kuber. Scenic + Leytron + Cimelia was an advance given in 2010 for e-Waste technology from Cimelia in 2011 which they never got and the high court has barred them from selling or benefitting from that in any way so in the future there is a possibility of the company extinguishing that part of equity through a buyback. Then there is the problem of large receivables pending for a long time. Lot of things which I suspect may all fall in place if the e-Waste business is in fact legit. Otherwise this is just cooking the books for a plain pump and dump. Tempted to trim the holdings but being watchful. I am more interested in the shareholding pattern here than the P&L. That’s saying something.