Hi Dhruva, recently came across your post on Ugro. And that led me here. Excellent work!!
Also went through your anti-thesis, of promotor pledging shares, and using that to buy more shares. One doubt/concern that i have, and being from a non-medical background not sure it this is of any significance. As of May 2025, there seems to be continuous notices (which they have filed in exchanges) to some of their drug stores, for closure for 1 or 2 days and some penalty. Reasons for this closure is not given. Is this a common practice, or due to the company not following set practices. Any research done on this?
yes its pretty common, talk to anyone who runs medical stores this is drug inspectors way of extorting money sadly. There is commission fixed for all drug inspectors just for him to allow you to run business. Its very sad but that's the reality of corrupt nation we live in.
Hi Dhruva, recently came across your post on Ugro. And that led me here. Excellent work!!
Also went through your anti-thesis, of promotor pledging shares, and using that to buy more shares. One doubt/concern that i have, and being from a non-medical background not sure it this is of any significance. As of May 2025, there seems to be continuous notices (which they have filed in exchanges) to some of their drug stores, for closure for 1 or 2 days and some penalty. Reasons for this closure is not given. Is this a common practice, or due to the company not following set practices. Any research done on this?
Thanks in advance!!
yes its pretty common, talk to anyone who runs medical stores this is drug inspectors way of extorting money sadly. There is commission fixed for all drug inspectors just for him to allow you to run business. Its very sad but that's the reality of corrupt nation we live in.