Yes Securities stay bullish on the RAC and the Kitchen space as in the medium term led by factors like strong realty-infused demand, recent GST rates cuts, growing share of organized sector, and Government impetus towards manufacturing and export boost will drive growth. The company's enviable value prop should help it outperform the industry in good time.
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Yes Securities Report
We initiate coverage on EPACK Durable Ltd. with Buy rating based on its commendable value prop including-
Strategic partnerships with key players,
robust manufacturing capabilities and prudent capacity expansion,
focusing on components manufacturing resulting in backward integration,
Customer addition, new product launches and
improving margin trajectory.
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