Anil Singhvi picks S P Apparels as his SIP Stock today; Know the reasons WHY
Zee Business Managing Editor Anil Singhvi today said that S P Apparels growth in the US and Europe has been handsome. Singhvi said that 75% Revenue of the company comes from exports. After Q3 FY21, in the Investors presentation, the company has clearly indicated that Global Growth and Global Demand will benefit the company going forward as it will receive many orders from Global Companies. The company has strong pricing power too
Singhvi said that S P Apparels has finished its expansion plan which will yield good returns in future. The Company has done around Rs 200 cr capex From FY18 till 30 Sep 2020: Zee Business