Spent 1 day studying the company, key materials studied :
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All tweets related to the company/promoters on handle @Mumbai_400071. Thanks @Ascendant for sharing the source.
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Changes in shareholders since Mar. 2019, plus Bulk deals of last few months.
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ARs since 2018
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Digital footprints of KMPs & directors
Concluded: It’s a shell company.
Key points : Changes in SHP is telling a lot, sudden change of CFO along offload of shares by Mellora Infra should not be ignored as a coincidence.
Disc. : Exited today at day’s high, made whooping 173% in 2 months. Thanks @chikspat for planting the seed, by starting the thread.