Hi @Rajesh_Singh sir! May I learn about your thesis behind Sun Retail Ltd? Because from what I see is, the company is currently loss making and was doing reasonably well until FY 19 but then had been on a constant decline (that too massive decline) and is again gaining momentum (FY 24). Is it a turnaround story or what?
There is no sun retail in my portfolio so cant comment , you may be talking about Sonalis consumer , its quarterly update, preferential and bigger goals ahead are game changer can study that.
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Thank you @Rajesh_Singh Sir for sharing your knowledge and insights with us. Sir, have you looked into Nirman Agri Genetics? Management is very ambitious and they are looking at 100% CAGR. There’s a lot of buzz regarding it amongst SME investors as well.
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Not invested in that but looks like multibagger if mgt is able to execute its plan .
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Sir, some sceptics have raised the issue of regulatory non-compliance by Sonalis consumer such as late publication of results etc. Is the management of the company honest and trustworthy?
I full trust them and have invested since the last one year even when price dipped to 30 Rs . There were issues but management was transparent with us in our discussion and in AGM too.
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Result is below expectations and management explained the reason. This will unfold fully by Q4 when their capacity is built fully.
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