Nikhil, getting into a business is easy but maintaining profitability, growth may not be easy. I wld like to draw your attention to the rush into airline business in mid 90’s, rush into software in late 90’s. Similarly rush into the auto sector in the US in the begining of the 20th century. So 60-70 more HFC’s, but how many wld remain, time will tell. Secondly the story sld be more than a 10 yr story because urban housing shortage is approx 20 mill and about 8 lacs or so new units are added p.a. And according to estimates about 30 cr pepole expected to move to citites by 2030 ( source: nhb.org.in/publications). The 8 lac figure is frm elsewhere, forgetting the source. Rural housing shortage is even more.
Regards
Discl: invested
| Subscribe To Our Free Newsletter |
