Gujarat Reclaim Rubber (now GRP Ltd)

[ayushmit]

@Vpayasam

My question is: As it is clearly known that GRP is a cyclical business, it is important to jump on the boat when the tide is turning around. With the automotive market worldwide (also in India) still not recovering so strongly and the prices of natural rubber sinking do we have enough indication of the turning tide (from demand perspective)? In spite of the improvements mentioned before by you in operating costs (power costs ,…etc) which could have improved the quarterly results!

Regards, Vamsi

I don’t think that the demand situation is great. The auto sector worldwide is still doing badly and hence it won’t be easy for GRP to grow quickly.

Yet, I like the company and I’m invested with a long term perspective.

Regards,

Ayush