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13 Apr 2018
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Kaya
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Dolat Capital
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431.55
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1032.00
|
980.00
(-55.96%)
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Target met |
Accumulate
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Kaya
Focus on India break-even would continue The management reiterated that the India business break-even is possible in three years if the SSSG remains in the range of 13-15%. Though the company has not delivered the targeted SSSG consistently in past few quarters, the management is optimistic about the growth rate in the ensuing quarters. Aim to acquire new customers Currently, the consumer base for Kaya is very limited to higher middle-class and above. The company aims to increase consumer base to cater to the maximum possible audience in the country....
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