Prime Stock Update: Moving this specialised plastics processing company to‘HOLD’

Valuations reflect future growth and this stock moves to HOLD.

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5 thoughts on “Prime Stock Update: Moving this specialised plastics processing company to‘HOLD’”

    1. We do not have a view on Lenskart. The company itself has established itself in a highly competitive market, costs have been significantly rationalized, and it has clear expansion plans. Listed competition is also limited to Titan’s eyewear segment. However, the IPO valuations make it very hard to give any call on the IPO, and projecting growth is also extremely tricky given that the company has only just turned profitable at the net level. We do not have a view on Studd also. Request you to write to [email protected] in future for such queries; it is easier for us to track and respond there than on the comments section of different reports. – thanks, Bhavana

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