88% of Indian households own an electric fan, but the market penetration for the next most affordable thing that can cool a room is only 14%. With the heat waves in the country rising each year and disposable incomes improving, the market for coolers will expand to. That's another factor that could work in Symphony's favor. But don't forget the risks circulating the stock too - it's still a one product business that also has the disadvantage of being seasonal in nature. An erratic summer with slowing economic growth and job losses,. It can wipe out an entire year's worth of revenue for the company in the blink of an eye.
In today's episode for 20th May 2023, we talk about all the hype surrounding one summer stock that follows a very interesting strategy.
Before we start today's episode - here's a quick side note. Over the past year, Bengaluru's rental rates have skyrocketed! But have you ever wondered why that is?
Well, if you have, then you'll find the answer in Shrehith's latest youtube video where he explores the Bengaluru rent crisis and offers a few helpful tips for those looking to rent. The link is as follows - https://www.youtube.com/watch?v=6gC5Bwht9yY