

Western Carriers (India): Slow growth, high risk for long-term investors.


online

September 19, 2024
Swastika noted that Western Carriers (India) has shown slow yet consistent financial growth with a positive outlook. They mentioned that the IPO’s valuation is seen as reasonable, but the company faces challenges such as a lengthy payment cycle and exposure to various operational risks. Given these financial challenges and the limited market interest, Swastika suggested that long-term investors with a high-risk tolerance might consider applying for the IPO.
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