# The reaction on poor result was very positive and the following day it averaged at 112 vs 109 yesterday
# The way it has reacted post result, it seems it will not go below 100.
# Promoter hiking stake through warrant and florintree entering the company, this could be a massive 5 years story.
# A stop @ 82 ( the warrant conversion price) from CMP of 112, for a 30/- risk the upside can be huge.
# The book is cleaned and the risk of surprise is also over. The company is expected to grow its secured book from here on and increase the return on unsecured lending after RBI relaxation on microfinance loans. Hence the trajectory seems to be up.
# The way it has reacted post result, it seems it will not go below 100.
# Promoter hiking stake through warrant and florintree entering the company, this could be a massive 5 years story.
# A stop @ 82 ( the warrant conversion price) from CMP of 112, for a 30/- risk the upside can be huge.
# The book is cleaned and the risk of surprise is also over. The company is expected to grow its secured book from here on and increase the return on unsecured lending after RBI relaxation on microfinance loans. Hence the trajectory seems to be up.