@reacharjunr yes the results are bad …
but below are my considerations
- Ahmedabad curfew ::
Full Curfew 20th Nov 2021 10 PM to 23rd Nov 6 AM
Night Curfew phase 1 (till Dec 30th 2020)–every night from 9 pm to 6 am
Night Curfew phase 2 (From 1st Jan 2021 till JAN 30th no news after that )–every night from 9 pm to 6 am
Night curfew to continue for 15 more days in four Gujarat cities - The Hindu
I feel the pain would continue or spill over to next quarter as well based on the present quarter results …
Ans from Company — the company has taken permission to operate normally from mid of JAN 2021
major point to note
a. what are the working hours of the company does it always have night shifts
Ans from Company — manufacturing operates 24/7
b. Management should have informed the issue during the curfew time / have taken the opportunity in present investor presentation to notify about next quarter impact
- if we Considering above argument in favor of the company
then one of quarter due to curfew or external elements should not impact the long term prospectus of a company
Disc :: Invested in the company, so my view could be biased and my view points could be wrong