What I think is that with change or increase in ARPU, narrowing loss and and offcourse raising funds of upto 25K crore to meet its agr liablities, will proof beneficial to investors.
What shall an investor do?
Its a penny stock, so buying uptill levels of 9.5 to 8.5 is natural with accumulation of more stocks of approx 7rupees. Make and manage your money as dont invest 1000% on this. This stock will also anounce bonus and splits if any.
My 2 years span targets are 49 and above, and it will be a very good choice to keep above the time.
Smart money rotates the money to each sector, judge on own which sectors remain and you shall get the answers..