agree margins will come down this quarter.
Also, sales will not increase much as there could be reduced export demand due to slowdown in Europe and US. Domestic sales will compensate a bit.
inspite of these valuation is very very attractive. promoter has bought at 875.
buyback is unlikely as company does not have so much of cash. they will prefer to pay off debt.
Zigly needs to be hived off and PE investors should fund its growth.
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