The Tyre Retreading Industry in India

Ragavsr · 23rd September 2017, 00:07

Quote:

Originally Posted by smartcat

15 min corporate film from Indag Rubber,

- Rs. 3,000 cr industry
- 70% unorganized sector
- 24% CAGR revenue growth in 10 years (means revenue is growing 10 times in 10 years)

My only question for you - is Indag Rubber a stock worth investing right now ?

24% CAGR is phenomenal.
This stock looks to have phenomenal growth from 2010-2015 and has been flat ever since.