I think they can grow consistently at 20-25% (excluding PLI) in long-term basis as long as they are introducing new products in their business.
They can do strategic acquisitions to expand their portfolio base like novollic acquisition.
I too like the management for their transparency, experience and vision.
Recently announced PLI qualifications will boost the bottom line quickly, if I remember correctly all their EV related products will come under PLI and benefit will be 10% of revenue. FY24 BEV revenue is around 800Cr.
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