Just trying to connect the dots ( My personal view)
Though KDDL is holding company of Ethos, what makes it different from other holding copanies, is its own business of manufacturing and supplying watch dial & watch hands to swiss luxury brands like Swatch, Tag Heuer, Gucci, Edox, etc.( Source – screener.in)
Even after the trend of Smart digital watches, the craze of the premium watches is not dying and in fact, its increasing. So growth looks eminent for both Ethos & KDDL.
So whats the Dot to Connect ?
I am comparing KDDL to RACL geartech. RACL manufactures and exports gears for premium bikes in Europe. So this is nearly same thing what KDDL is doing. So for KDDL, future looks good just like RACL geartech.
Again personal opinion.
Disclosure – Biased as invested from 1500 levels and avergaging up slowly. Now 2.5% of portfolio.
regards,
dr.vikas
| Subscribe To Our Free Newsletter |
