The release of the pledged shares is positive news indeed. I guess the promoters have used the sudden massive surge in share price to their advantage since the price might come down again.
One thing I have noticed in the commentary given to ET Now and CNBC is that the management seems worried about the rising raw material prices eating into the margins. In the CNBC interview, Mr. Kulveen also hinted that the company might not be able to pass on the rising costs to the customers. Hopefully the income manages to keep up.