Recently bumped against Indocount and came to know about it’s growth story, after digging a little more I found the entire cotton spinning/textile industry boomed explosively in last year and half. I see nice bit of data here but I had a couple of questions which I find no one explains properly:
1) What changes in demand or supply or production or pricing brought in such a magical surge that it flew from Rs10 to Rs1000 in less than 2 years.
2) And more importantly will that kind of growth be sustainable, is there any reason to expect it to be Rs 20k or Rs30 per share in two more years. Maybe we can understand all that if we understand the reason of such an explosive growth and how much untapped growth opportunity is still open.
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