Adf there is nothing special I could find.
Hindustan is a low margin processor. Good if they can scale but it’s a risky business. With a waffer thin Margin even small volatility in margins can kill bottomline completely. I’m not someone who would invest just listening to a word “crams”. There has to enough value add.
On an unrelated note I will sell out of tricoat asap. Rationale:
One way to look at this is questionable corporate governance. Analysts repeatedly asked about merger plans in Q3 call he said no plan all along. And not 3-4 weeks later, then now this. I call b******t on that. 