What hurt them was interest rates in US Housing Market which was biggest for them.
One quarter High Crude price i.e shipping cost impacted them that was one off.
Now this Russia Ukraine war might become blessing in disguise since energy cost has increased substantially.
Cherry on the cake is domestic luxury market.
Owner was cryptic and hinted in a way about sudden demand coming from Europe.
One great thing about Carysil is they are in luxury segment and people in that category don’t bother much about the price.
Holding since 2020. Will add more after 730 /.
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