VMM: Net Profit at Rs 115 Cr Vs Rs 61 Cr, Revenue at Rs 2548 Cr Vs Rs 2069 Cr (YoY) (Positive) CFF Fluid Control: Net profit Rs. 10 cr vs Rs. 7 cr, Revenue at Rs. 66 cr vs Rs. 47 cr YoY (Positive) Five Star Business: Net profit Rs. 279 cr vs Rs….
Initiate Underperform with TP of Rs 90 Has built the lowest cost offline retail distribution in India 47% of stores have no other value retailer nearby Will face increasing competition & is at peak margin profile Competitors have stronger right to win than Vishal Going to enter a phase of increasing competition from offline and…
For me, that stock is Varun Beverages. Varun Beverages went public in 2016 with a market capitalization of around ₹8,000 crore. Back then, its sales stood at about ₹4,000 crore, with net margins of just 5%. I got in early and held the stock for a couple of years. The investment doubled during that time—a…
