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Naveen Kumar

6th Feb · SEBI-Registered Analyst

MAYURUNIQ

Mayur Uniquoters, a leading name in Rajasthan's leather industry, stands to gain considerably from the budget's focus on leather export benefits. Its current valuation is particularly intriguing, with a PE of 12 and a PB of 2.23 – figures that are not only below its long-term average but also near historical lows. This suggests the market might be overlooking its potential. The company has shown commendable recent revenue growth and is actively investing in expansion, signaling a proactive approach to future prospects. Consistent promoter holdings reinforce management's belief in the business, presenting a potentially undervalued opportunity for investors.

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