Hi Green Carbon Ltd - Spam Vs Genuine
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Newly listed under NSE MSE index Hi Green Carbon has not presented any robust reports of their operations. Being an expert in this industry with experience of 10+ years, I did not find any such business projection that is favourable for investing in such a company. The manufacturing facility claimed by the company does not seem to be in line with regular industry standards. The company operates in highly non compliant market and there are many times bigger players in their industry whom Hi Green cannot compete even by 100 folds. End-of Life tyre recycling is banned in Gujarat, hence they have their plant established in Rajasthan. You guys can search the videos of this industry. It will give you an idea of scale of this industry and working conditions therein.
I personally feel this as spam in capital markets and investors must beware before investing in this company.
