Siyaram Silk Mills (SSML)' results for 3QFY2017 have come in below our estimates, both on top-line and bottom-line front, on back of lower volume growth due to weak consumer buying sentiments. Going forward, we expect SSML to report net sales CAGR of ~7% to ~Rs1,857cr and adj. net profit CAGR of ~9% to Rs103cr over FY2016-18E. The same wo..