Hi Praveen!
I wanted to express my gratitude for recommending JK Paper. It’s great to know that JK Paper is a much larger company compared to Andhra Paper. However, considering the specific nature of this portfolio, I would personally prefer Andhra Paper.
Regarding Agarwal Industrial, I believe the recent increase in their stock price is primarily attributed to their cargo business performing well during the time of supply-side issues and rising freight prices. Their bituminous business, on the other hand, has relatively low margins. I will keep an eye on them, but it’s unlikely that I will actively participate in their future growth story.
When it comes to Gravita, I feel like I should have discovered them when they were a Rs 1500 Cr company. Currently, their market cap has already exceeded Rs 4000 Cr. Given the nature of this portfolio, I would be interested in finding a smaller competitor that is well-managed. If you come across any such company in your scans, please let me know. Nonetheless, Gravita does seem like a good company overall.
Thank you once again for your suggestions!
Best regards,
| Subscribe To Our Free Newsletter |
