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Multiple Learning, Meticulous Process, Multi-bagger Returns and Multiplex Story: A long thread on HLE GLASCOAT (earlier Swiss Glascoat Equipments)
@arvind_kothari @csvikramsharma
#HLEGlascoat #GMM #Glascoat #Learnings #Investing
@arvind_kothari @csvikramsharma
#HLEGlascoat #GMM #Glascoat #Learnings #Investing
We initiated our first note on HLE Glascoat in March, 2019 at price of Rs. 180. It surely wasn’t easy to pick a company with a market cap of just Rs. 125cr in 2019 when the small-cap market was going through a really tough phase. 
But last week, HLE Glascoat Mcap crossed 6,500 crore, even beat GMM Pfaudler’s Mcap. The first learning out of this beautiful journey is "Never stop hunting for opportunities or mispriced bets, no matter what the state of market is."
