Carysil Limited, together with its subsidiaries, manufactures and trades in quartz kitchen and stainless steel kitchen sinks, bath products, tiles, kitchen appliances, and accessories in India.
The stock is seen making impulse waves to the upside since Jan 2023.
It made the first impulse (wave 1) from Jan. - April 2023. Wave 3 seems to have started off in May...
The only listed fundamentally sound small cap company in its segment for kitchen appliances and quartz kitchen sinks.
The company gets around 80% revenues from export markets and 73% of total revenues come from quartz sink.
The company is going for another 20% expansion by adding 1L units to cater the demand of global customers.
Price is making lower lows...