The results were bleak and unexpected but so far from what I understand, Q2 was a difficult quarter for the entire industry as a whole…was just going through Kokuyo Camlin’s results. Not impressive either, Linc at least showed some top-line growth, Camlin didn’t even have that but surprisingly with a poorer ROCE, ROE, margins, etc… the company is still valued at a premium when compared to Linc. so I still have some hopes left…let’s see how things unfold.
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