[Stock notes] – Sahyadri Industries…aiming for 1,000 crore sales in 3-4 years
Hello Sir, Hope you are doing well. Recently, I was going through the con-call of Sahyadri Industries which deals in Asbestos and non-asbestos flat sheets and boards. While the demand for the products seems stable, the industry is reeling under the pressure of surge in raw material prices. As a result, despite the increase in sales, almost all the companies from the sector have reported lower margins and profits. Finally, it seems the raw material prices are softening and stabilizing. Is it…