SastaSundar Ventures – An exciting growth play builds

The SastaSundar Ventures stock has undergone a swift re-rating — having more than tripled within a span of 12 months

Sachin Pal
August 18, 2021 / 04:30 PM IST
PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

E-pharmacy retailer SastaSundar Ventures (SSVL) has delivered an outstanding performance since the start of the pandemic. Given the stellar show, there's every reason to believe that SastaSundar will continue to strengthen its foothold in the Indian online pharmacy market. The only problem is that the stock is now fairly valued, which leaves little margin of safety for new investors. Best ever sales in Q1 SSVL has seen revenues accelerating during the pandemic. As social distancing and remote working became the new...