Nothing to write home about in the price action for the moment, positive or negative. I don’t think think they would have disclosed pre sales numbers at the meet. I think the Q4 pre sales of 678cr is decent, albiet slightly lower than the projection. Lower collections is not ideal, and hopefully will pick up in Q1. Will have to be tracked.
I’m most interested in whether the Naigaon rveenues reflect in Q4 or if we have to wait for longer. Right now I think the stock will perform when general retail perception improves as it has a relatively low free float, and retail perception deoends largely on reported P&L numbers.
I’m waiting, and adding on dips to 400.