May 24, 2023 Good Nalanda is a believer in the story. Held 9.95% at March 2023 end. Cash balance of Rs 324 cr at March 2023 end, which is 25% of current market cap Consistent ROE generation of 17-18% Not so good Historical growth trends and expected short term growth. Revenues in last 10 years … Read more
May 12, 2025 As expected, good Indian performance due to government supportive policies. European operations continue to be a drag. Outlook India will continue to do better and management may decide to scale up it’s operations in the country Internationally In the short term, management working to reduce EBITDA losses (by 40-50%) through various initiatives … Read more