Stylam Industries is the fastest-growing laminate co in India

Stylam is the fastest-growing laminate co in India. It is India’s largest laminate exporter to Europe (a quality-conscious market) & is gaining market share. It is the first Indian co to manufacture acrylic solid surface. It has a good balance sheet & healthy return ratios. Buy for target price of Rs 2300 (32% upside)

Stylam is a small-cap with a market capitalisation of Rs 2896 crore. Promoters hold 54.61% of the equity. Nikhil Vora's Sixth Sense India Opportunities Fund, Quant Mutual Fund & Sunil Singhani's Abakkus Fund hold 4.5%, 3.36% & 2.5% of the equity respectivly. Three HNIs hold 6.83%

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