the trading nature of this company and the virtually no barriers of entry makes this company not favourable. Plus, their products are not for India, just a small niche and that too Individuals and not B2B.
Too easy to replicate, barely profitable to keep in operation.
An internet company with 12-15% Margins.
Looking for such a setup in terms of “Market will come to like this” ? look at MTAR as one of the options. Atleast their business model is solely B2B with huge project win possibilities.
Don’t FOMO by the regular upper circuits.
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