Isn’t allotment of 35% for Orbit Exports on higher side? I like the business and I am invested in it. At present I believe the market it happy with the new management and it’s execution of augmenting the capacity with the existing facility and efficiently managing the new facility at Kalyan. Also their aim is to reduce the outsourcing(40%). Being in fashion design space it commands higher margin on exports(60% in exports). Since you are in Textile field my question to you is the sustainability of the margin and its ability to churn out new designs every year?. Vakrangee and Jain Irrigation I read elsewhere there are some red flags. Could you please tell me about the rationale of Sarla?
Subscribe To Our Free Newsletter |