Thanks for contributing and asking counter question. I am young and stupid, so please don’t call me sir.
Even I feel the same that it can give return when margin normalises but it was giving me hard time mentally as I am not comfortable with turnarounds. I felt this after buying bajaj consumer. I am more like passive investor, more inclined towards mutual funds and structually strong companies which I can hold for 10 years or more with better return than mutual funds.
I invested in it after last quarter result as it gave double digit sales growth and doing some research.
I have just went through their investor presentation this quarter not concall and it is not too bad. Considering that the company is small cap, I was expecting 20 percent cagr growth which I feel it will not able to provide.
I am more comfortable with structually strong company which I can hold for 10 years with good returns which I feel, bajaj consumer is not currently.
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