Even if its the 3rd largest player,its way too small compared to the first 2. The company has a market cap of 84crs. I think the financials look good in terms of low debt and growth for the last 3yrs but return ratios as not very impressive..Although I see that cash flows are healthy..Can you tell me what are the products they primarily manufacture and their current market share in India. I would like to concentrate on domestic consumption rather than exports which could be the key driver of growth in the coming years if they grow..
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