To add to that, you’re getting a 80yr old business, a legacy brand, that’s going through some restructuring, and has a product basket with good domestic tailwinds, for a 1200cr market cap.
Yes it’s not hockey stick growth at the moment and a lot remains to be seen. But, that is how turnarounds are and while the journey can be unclear & painful, if executed well, the outcome can be portfolio altering.
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