Thank you for sharing industry level perspective. I should have looked at other players as well. One question that is coming to my mind is that Infra and realty sector is growing. That should result in increase of demand for proxy play as well like adhesive in this case. I can understand about Piditilie that is is such a big play and can’t grow much. But companies like Jyoti Resin has enough runway to grow for next 5-10 years considering they are only present in 14 states.
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