Thanks sir for your beautiful insights. I am tracking this counter and in my personal opinion the products are at par with other fmcg majors such as britannia, itc etc however what i want to ask about is valuation, is the current valuation justified?
Britannia has decades of presence and a good brand to show for itself hence it commands a PE of 50 however cremica is much newer and still commands similar PE to britannia despite the fact that britannia has a well established B2C business while cremica has just started building it and has a long way to go. Your thoughts on this plz. Also what according to you would be a right entry point in this stock if one has a horizon of at least 5 years?
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