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Manaksia Industries: A new story

There are a number of reasons why I like this company

Mudar Patherya
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Mudar Patherya

Mudar Patherya
The first non-large-cap company to have reported financials for the last quarter of FY17 (and effectively the full year) has been the Kolkata-based Manaksia Industries.

One would have cast a dismissive “big deal” except that the company has been the first for a second successive quarter, which tells me of a reinvention in the company’s personality (with much steam left in rebound, if you want to hear it loud and clear). 

There are a number of reasons why I like this company.

One, it is a proxy of the country’s fast-moving consumer goods (FMCG) revolution. Whatever FMCG product needs to
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper