Just to play devil’s advocate, Speedo’s swimwear is the most expensive swim wear in Indian Markets. I agree that people want to learn swimming but one speedo swimming shorts for men cost around Rs.1000 (Bangalore Price) vs other qualities coming anywhere between 40-80% of Speedo’s price. Recently I have seen people using Chromosome brand for men’s underwear. Personally I am a loyal Jockey customer but how long people will remain that we will know in future only. I am not invested here because I think it trades at a very premium valuations and in the past I have been able to save myself from sudden pe de-rating.
I want to understand from you just one thing about PI.
Do you see any risk from government intervening in agricultural companies profit? Recent compulsory price reduction in genetically modified cotton seed by government has suddenly impacted the business of Kaveri Seed.Can similar thing happen here?
I am only invested in Gruh Finance from 5 companies you have mentioned.
Thanks
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