Hi,
Has anybody compared Shankara with SG Mart? Valuation wise SG Mart seems expensive currently, but given that SG Mart just started operations this year, they would grow faster than Shankara I believe. Shankara on the other hand has gained experience and has some track record while none exists for SG Mart.
Further, can there be any rerating/value unlocking in Shankara due to the demerger?
The tech based platform for building materials seems to be gaining steam. Grasim’s Birla Pivot, SG Mart, Shankara, Infra.Market are the names that come to my mind, any one I missed?
Disc: no investments, studying.