Supreme Industries – Company Which Knows Plastics Best, Is Poised For Better Growth In FY24

Supreme Industries – Company Which Knows Plastics Best, Is Poised For Better Growth In FY24

Supreme Industries used to have Net Profit of ~ 100 Crores Annually in 2009, But 14 years later, Today company makes ~ (800 to 900) Crore of Net Profit Annually. That’s a good number to say the least, but what’s more Surprising is the fact that company has given it’s Share Holders returns of ~ … Read more

Down But Not Out – Relaxo Footwears Ltd is Not going to Lose Its Market Share to Campus Activewear Ltd. & will see Growth Coming Back in FY23!

Down But Not Out – Relaxo Footwears Ltd is Not going to Lose Its Market Share to Campus Activewear Ltd. & will see Growth Coming Back in FY23!

Due to inflation, high raw material prices, and an increase in GST to 12% for footwear under Rs 1,000/-, the footwear market has seen a resistance from the consumers, as they have shifted towards the cheaper products Relaxo Footwears being a dominant player in the open footwear space (with ~ 76% of sales) and given … Read more

why these 5 stocks still have lots of potential for growth

why these 5 stocks still have lots of potential for growth

Guess what could be the one strikingly common attribute amongst companies like Asian Paints, Astral, APL Apollo Tubes, KEI Industries, and Supreme Industries Ltd.?

All these 5 companies belong to the manufacturing theme and specifically to building materials segment in that theme. As the disposable income is rising, the consumer discretionary sector’s growth is expected to be strong. If that happens, then the building materials segment is going to be the beneficiary of this boom, for coming next 4 to 5 years.

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