the stock doesn’t seem to be quoting cheap. only the promoters has changed mgmt has same.
the investment rationale i believe is that new promoters will turn it around. how can we be so sure.
tried to check the past record of promoters natronix. not much available on their website and most of it related with recent acquired company SPEL.
could not find any comforting evidence / indicator to show that the promoters have the ability to turn it around and whether they are ethical.