thank you everyone for input . i am also interested in buying this company .
thesis :-
1)its a TATA company
2)showing good growth in term of sales
3 )part of packaging industry specially in food segment which includes oil and canned food and non food like paint , sprays etc.
4 ) with growing consumerism chances of consumption of these items will increase so use of tinplate
5) there is almost none domestic competition , but there is risk of cheap Chinese competition if FSSAI give license to them
antithesis :-
although this company makes product focused on consumer but there is wide fluctuation in EPS , for which it behaves like a cyclical company. it may be because of rise in input cost , but it again arise a suspicion why its not able to pass the input cost to its customer.
if anyone of you have this answer i will be obliged and will make a decision to buy some part of company
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