the best example is Tata Global and Tata Chemicals, the management focus towards B2C products fueled the rally. Around 4 Percent Equity got delivered from 85 to 97 levels in last one month, and during bad results there is hardly any selling( Volume was low).
Markets are betting on this management which 20+ Year experience.
From outlook article
If there is one thing the cyclical nature of the egg processing business has taught Shree Shivkumar, the founder and CEO of SKM Egg Products, it is the importance of liquidity. “In my core egg processing business, three good years are followed by two mediocre years almost like clockwork,” he says.
. According to him, these businesses are in their initial stages but have the potential to scale up significantly in the future. “As I hand over the business to my son in 10 years, I don’t want him to undergo the same stress levels that I did and, hopefully, the diversification will help reduce the cyclicality of the core business,” says Shivkumar with a smile.