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Safari Industries: Why this core consumption stock is a must-own

December 23, 2019 / 03:23 PM IST
Safari Industries: Why this core consumption stock is a must-own

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

Highlights -Superlative Q2 performance amidst the slowdown -Shift from unorganised to organised sector in value category post GST -Multi-product multi-channel model paying off -Creating successful brands -Focusing on high growth categories and channels -De-risking business through diversifying sourcing -Long term macro drivers in place -Accumulate for the long-term Superlative performance in a weak quarter Safari Industries has so far succeeded in keeping its head above water amidst the significant slowdown in consumption and the strong show in the September quarter, in sharp...

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