The last time they guided this industry went into the down cycle.
Can you please provide the source for this?
I haven’t dived deeper than the 2022, 21 presentation and concalls.
I personally feel there is upside but not 20% cagr for 5 year.
The market seems to be bullish on the CNC manufacturing sector growth.
Mapower, lokesh, lakshmi machines all have reach ATH. If at all our domestic producer can offer better quality and versatile CNC machines then there is definitely huge potential.
I’ll remain uninvested until some fund produces a report and explains this industry nicely!
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