Super strong numbers from ISGEC!
All round CAPEX play!
If Sugar cycle is really as strong as it is said to be in India right now and rightly so many stocks have broken from decade long ranges, then cos would start announcing huge CAPEX from Q1/Q2!
— Saket Reddy (@saketreddy) April 30, 2021
Biggest beneficiary would be ISGEC (Cap goods), at < 1x FY21 Sales & 18x Earnings! pic.twitter.com/397oCkEBOA
More from Saket Reddy
Interesting to see that only Deepak and Pi have grown sales at > 15% for the last 5, 10 and 20 years within these 5 chemical names.
Plotting sales CAGR for few gems in #chemicals, #pharma and #FMCG
— jeevan patwa (@jeevanpatwa) July 14, 2021
Majority has 20Y CAGR > 10Y > 5Y => growth is decelerating as base becomes big...
only outlier being #Deepaknitrate where
20Y CAGR < 10Y < 5Y => accelerating growth... pic.twitter.com/ewpFeKmxQo