Apart from just business it does and its future prospects. I came across that company runs an institute to train new employees on an internship basis, and provide internship certificates so that they can pursue their carrier in a similar industry anywhere.
How often, or even do you see a 200 Cr. market cap company do that? And imagine the potential talent pool they are generating for themselves, the loyal to be employees they are generating for themselves, it could be immense.
They had a very good history pre-2008 period and the same management is running the business currently. They have done it before by being the largest company in India to make TV sets for companies like Bajaj, Thomson, BPL, etc. This management since 2013 is trying to turn around and with LED product development, they seem to have found the right category to grow. The management knows from their past experience to make this category a game changer.
Regards,
Invested a small portion of the portfolio.
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