https://www.reuters.com/world/india/venkys-india-swings-loss-second-quarter-weak-poultry-pricing-2025-11-07/
Largely macro factors but an 8% SP drop after a single quarter is significant. Reading the article looks as though they are (still) trying to diversify into other ventures. Rovers are one of the many that have likely failed to supplement the core business.
With any business or P&L, when you get a negative top line the first thing that they will do is control the spend. We won't be seeing any investment for a while.....or, ever?
Bleak times over at Venky towers. What a shame for them.