Hi @ayushmit what do you make of the weak performance of Stovec in the last few years…
Revenues have stagnated since 2017!
OP margin has gone down more than half from 20% to 8%
Is it loosing market share? Or is there a new technology being adopted by large players…
For i dont understand how textile sector hsa performed well but Stovec has only gone down in the last 5-6 years… Really appreciate your inputs, since you atleast had it in your portfolio earlier… Thanks!
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