The last question in the call was interesting/important – about growth factors (Covered nicely above).
Question is – Whats the growth prospects for the stock ? I have purchased it seeing the 10yr CAGR till 2018-19, but last 2-3 yrs its on downward or range-bound trend.
This forms a decent part of my portfolio. I am still hopeful that the company has potential, but not sure what to expect – Can we expect a 5x+ in the next 5 years ? The commentary about India domestic market has large uncovered potential (>70%), India commercial market is still to be tapped and other commentaries about USA and potentially Asia pacific expansion look good.
Are there heavy head winds? – e.g. now many other manufacturers are getting into Air coolers in India atleast for the domestic market.
I hope the Venti-cooling segment is a good potential (any idea which industries might need it?) and that symphony is able to ride on the growth of the industries/economy.
Anyone has inputs on the risks or 5yr potential, please update.
Thanks
Anand
Disclosure: Invested
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