Posts in category All News
Cabinet will decide on renaming Ramanagara district as Bengaluru South: CM Siddaramaiah (10-07-2024)
Sensex slides 427 pts, Nifty ends below 24,350, M&M drops 6.6% (10-07-2024)
Lt foods (daawat) (10-07-2024)
LT foods has doubled revenues in the last 5 years. They have a double engine for domestic growth: (1) increasing GDP per capita will increase overall rice consumption per capita, plus (2) as disposable income increases, more people will buy basmati rice, which is seen as a premium rice product in most of the country. Richer consumers will also chose premium / trusted brands like Daawat / Royal. Hence, if LT Foods retains its market share and “premium” branding, they should grow faster than Indian GDP growth. Exports will be the cherry on top, with increasing Indian diaspora abroad and also Indian food gaining popularity with foreigners.
So, I see a good runway ahead of growth between 8%~12%. But f you’re expecting 20%+ growth, this is probably the wrong company to invest in.
Thanks,
Sharad
OpenSourceInvestor @ Substack
Stylam- Decent Fundamentals with Cheap Valuation (10-07-2024)
@rupaniamit since you track US real estate market closely (my assumption based on your work on Pokarna)
How do you see below product will impact Pokarna / Acrysil ?
Note : This is a slide from Equirus - Stylam latest report.
Many Thanks