Welcome to our 32nd edition of this weekly newsletter ! Market is little fuzzier than it used to be as the narrative followers are going through tough times ! But I think it is due to hyperbolic discounting done by many investors at their end when there is some bad news ! A good example could be Neuland Labs, Solara Active Pharma etc.
I had been tracking Solara since Dec 2020 and have participated myself as I saw the value in their long term strategy and the leadership team led by Arun Kumar ! Later on Mr Aditya Puri also joined as Chairman, so I have my faith in the team and as I understand that overall API/CDMO businesses across the board are going through china led supply chain bottleneck leading to high Raw material cost. I have consolidated my thoughts on the quarterly results of solara this week in the video below: