Honorable Indian Prime Minister is on fire with his vision on cleanness and sanitation. The impact is visible across different villages' to cities. The
phase one of government awareness program across population is through and now
government is allocating huge funds for the same. Even Indian railway is also
investing heavily on the same.
HSIL the known name in the sanitary segment in
India. The equity price took the tailwind direction as management took
reorganization of business unit to be more focused on the profitable segment of
the business.
Company is more or less through with their investment to enhance
their product awareness to maintain the edge over the competitor. It is
expected that the company will do extremely good as government unfold their
infrastructure reform. The company equity price got its bottom and hovers
around 240 to 320 INR range. Investor who is willing to park their money for
long term may consider HSIL as safe bet. I see 30 % return in next 12 months.
Disclaimer - Consult your
financial consultant before investing
