I listened to the concall. Obviously promoters are super positive. They mentioned that their only concern is thr delay in getting machinery that may delay the capacity expansion qoq. Answer sounded a bit cocky to me but let me hear the community thoughts?
One other thing they told - Market demand is about 13-14m tons and is growing at 14% or so yearly. Now, JTL has 9% market share and they expect to take it to 25% market share by FY28".
Does anyone have an understanding on why JTL can take market share from Apollo or other players? What can they do unique than others? I assumed its mainly a standard product and basically, economy growth is the tailwind for this business but in that case, i am not sure why they simply think they can take a huge market share from existing companies… appreciate any opinion from the forum?
I don’t have any position now but looking to add.
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