1. Stock has been in Consolidation from 2015 Post Heavy rally from 2012 to 2015
2. It has Major Operations in Andhra Pradhesh & Telangana, In 2019 There was a change in leading party, since then the company has faced many problems (Like closure of plants due to court cases with Pollution control board , etc.)
3. Jaydev Galla is Member of TDP which lost in 2019 Elections, Now in Upcoming Elections 2024 TDP is set to Win. Based on this Assumption, I expect company to get some favorable treatment in next 5years.
4. With Ongoing EV Boom and Favorable State govt. Company has good space to grow exponentially.
Lets see , what happens in future.
2. It has Major Operations in Andhra Pradhesh & Telangana, In 2019 There was a change in leading party, since then the company has faced many problems (Like closure of plants due to court cases with Pollution control board , etc.)
3. Jaydev Galla is Member of TDP which lost in 2019 Elections, Now in Upcoming Elections 2024 TDP is set to Win. Based on this Assumption, I expect company to get some favorable treatment in next 5years.
4. With Ongoing EV Boom and Favorable State govt. Company has good space to grow exponentially.
Lets see , what happens in future.
Trade-on !! 🔛📈📉