Dollar Industries has witnessed a recovery in the second quarter with the leading innerwear company posting a six percent topline growth. The company is expected to perform better in the third quarter.
The company is targeting a doubling of revenues by FY24. They are also looking at revamping the distribution system and approaching retailers directly to reduce working capital.
In the special segment ‘Moneycontrol Pro Ideas For Profit’, Moneycontrol’s Bharat Gianani gets details on how the stock could perform going forward.
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(Edited by : Ajay Vaishnav)