Gravita India is another company which is providing a guidance of 25% revenue growth and 35% PAT growth over the next few years. A couple of things that support the management claim is as follows:-
- Historical growth of the company is in similar lines
- Government policy with BWMR and PWM 2022 can result in tailwinds in the industry
Also, a large part of the sector is unorganized. If it can shift to organized players over the next few years, this is a story that can play out pretty well.
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