I see that net assets have dropped to zero already. It'll just burn cash going forward. Based on Q1. Even if you can turn it around, margins are very thin and it will never make a buck for you. I don't see why anyone wants to pay INR 16 for it now. If they did that to me, project growth, and come up with these resutls, I would get out and never come back. And I'd be quick about it too. So are you sure your analysts are right about this one?
Compare this to the 2 Polish refineries I pointed out to you. Trading at a P/E of 3 currently. And soon below 1 when they report Q2. A massive difference, IMO.
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