Another important point Saketh, lot of our foreign clients had this wine almost 10 years ago and most of them said it was really good. Our MD was a classmate of Sula founder so he would always make it a point to offer this wine to all the visiting foreigners. All I am saying is its a great quality wine. Instead of drinking their wine and wasting money, lets buy their shares and...retire! 😂
You forgot to mention what are the challenges for the company The most important I think is the cultivation of good quality Grapes, due to fast climate change farmers are not able to produce the quality and quantity which they were previously. And many are shifting from grapes production to some other. And as for sula majority of its produce come from Nashik its a big problem going forward
You are perhaps over looking the fact that if low cost imported wines especially 3 to 5 Euro range or 5 litre boxed wine is imported , they will beat Sula wine prices in the indian market even after import duty . Sula wines prices are for special occasions only. Which may limit the growth of the wine market in India.
Bro all is good but , look at the premium imported wines selling in India with prices starting from 1200-3000rs u get at least 50 options and above 3000 u get another 50 options, see in Gurgaon the liquor shops u would have one shelf for Sula and 20 other shelfs fully stacked selling imported wines, and most of them pick that at 200-500 Rs prices difference.
Being from Nashik (H/Q of Sula Vineyards), I would like to correct the info you gave about the music festival. Last time the music festival was 2019. dont know why it is stopped and when will it resume
Very useful, thanks. Pls explain Future Buying and hedging with Options 'Combo' in details with Latest market scenario (as explained in an earlier video of Optionable - 'How to Use Futures to Invest and Hedge a Portfolio Part 1 Invest through Futures') But with new examples and present portfolio of your Holding, pls.
He is not recommending and there is proper disclaimer as well. He is sharing his rationale and it is upto the retail investors to make their own call. There are few in the thread pointed out on the high P/E and debt ratio etc.,