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If closely watch the turkey majorly export the raw material of quartz stone (natural quartz, resin etc) to the USA as told by the Ceaserstone in their investor call.
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The new GST rates should be beneficial for Pokarna, but the stock fell sharply.
It is largely export oriented. Exports are zero rated supply in gst
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Although Pokarna’s India’s revenue is negligible, I dont think there’s any change in GST on pokarna products, could you share details where you are seeing?
I AI’d it to see if construction materials and granite have benefited.
Granite & marble have benefited, not quartz which is the main product
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