HARSHDEEP Promoters are continuously increasing their stake at around Rs 70. They are also expanding their manufacturing capacity and entering new segment i.e shade nets. They are also planning on opening new showrooms in Ahmedabad and Hyderabad to cater nearby demands and to increase their national footprint. I personally advise all to buy at around Rs 80 for a target of at least Rs 130-150 in the coming months as their business is continuously growing.Strengths:
1) Two Manufacturing Units.
2) Planning to add a warehouse in Bengaluru to cater south india demand.
3) A strong team with well mannered and ethics centered promoters.
4) Product differentiation and their quality.
5) Sales will increase continuously as a growing demand for planters not only for planting but for aesthetic and architectural appearance in cities.
You can try their products and check their financials and growth outlook before making any investment.