Sheela Foam share price: Anand Rathi says 'Buy', pegs target price at 2430 per share
Sheela Foam is a leading player in India’s mattress and foam products industry. Founded in 1971, the Company enjoys strong brand awareness and a nationwide presence in manufacturing of mattresses, home comfort products and technical grades of PU foam. The Company also enjoys a significant presence overseas, with its products being exported to over 20 countries worldwide
Sheela Foam being top player in the mattress and foam products industry in India with estimated market share of 20-23% in the organized market (constitute 35% of total market): ANI