I agree @vnktshb . But Sundrop has been holding on to 45% market share and seems to have grown better than Saffola in recent Q. But having said that building a food business needs lots of trials and is a real slow process. I read somewhere it took Nestle more than a decade to make Maggi profitable in India.
But it these concerns are captured in mcap @ 2 times sales.
Subscribe To Our Free Newsletter |