See considerable upside in Granules India; bullish on HSIL too: Vikas Sethi, Sethi Finmart Pvt Ltd

Reg Granules:

I expect a CAGR of 25% odd in revenues and 30% CAGR growth for its net profits over the next say three to four years. As far as the financials are concerned the company has a pretty healthy balance sheet, high ROE business, low debt and the kind of growth which is expected from the company would augur well for the stock and the stock which trades at about Rs 120 odd we could see levels of Rs 175 on the stock in about a year's time

Reg HSIL:

HSIL again, this is a market leader in the sanitary ware business in India and commands a dominant 40% market share. The company has pretty strong brands, a very strong distribution network and a wide range of products under its portfolio. The company has done exceedingly well over the past few years and if you look at the June quarter results also, they were quite okay or satisfactory.

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