Just to add to the discussion, I saw some good feedback for VRL’s bike transport service on my FB feed. Agreed it’s an insignificant division to overall revenues, but goes on to say how reliable and appreciated VRL brand is, in the market.
Regarding stock price, the stock fell from 400 levels where it was trading easily after its IPO run. At current price the stock is not valued at industry PE and there is nothing wrong operationally.
Screenshot re first para is attached below.
Disc- not invested yet, looking to enter around 250.