In my mind too I had the edge for DIMO over UML due to company history and connections and a firm hold in SRi Lanka.
But looking at earnings UML is ahead now.
Until tax cuts or huge BENZ buys or TATA buys , DIMO earning doesn't seem to recover to previous levels especially with the high finance costs .
However they reduced loan compared to last year and disposed inventory. So maybe next quarter might be much better
Maybe govn might look at revising 1000cc below taxes. But not sure how strong their NANO sale are either to bring them a lot of profit.
Anyway I don' think this share has a reason to drop much below RS 500 until this giant makes a recovery. Note the NAV is 850 in any case.