Risks:
- Its asset light model, with tourism flourishing, it won’t be surprised if we see other companies emerging with same model.
- It’s hard to justify the company at current valuation, even forward looking valuation seems to be high with the recent run up.
- Its cyclical industry, no one knows when it will reverse.
Advantage:
- Current Govt is trying to boost tourism a lot which gives a huge upside for the industry.
- With affluent class growing more, tourism likely to improve. Simple example can be of Lakshwadeep, the UT itself is getting better connectivity n improving. Goa thrives on tourism, so can Lakshwadeep in future.
Subscribe To Our Free Newsletter |