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ICICI Securities Report
Jyothy Laboratories Ltd.'s strong Q2 beat was an outcome of two factors—the company's execution of go-to-market strategy and efficient supply chain and 85% of portfolio focused on hygiene (both personal and home).
Seen through the category-state construct, the company is the market leader (or a strong number two) in most categories and that should benefit in times like these.
The company's prudent business approach (continuing cash sales, controlled trade schemes) inspires confidence.
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