Pokarna's exposure to strongly regulated markets to help it in long run: Pankaj Sharma

In an interaction with ET Now, Pankaj Sharma, Equirus Securities, said a few things which continue to go right for them are the markets which they operate in, the premium positioning which they have in terms of their products, and the business which is being ramped up in the respective geographies. Excerpts:

ET Now: Why a Pokarna at Rs 985?

Pankaj Sharma: One thing which I like about this company is their exposure to the markets that are strongly regulated. With strong sales in the US and in overseas markets, it is not going to be easy for a competitor to compete in these markets. If one gets a foothold in these markets and then definitely these markets are going to help one in the longer run. Also, the capacity addition they are doing is going to get better. A few things which continue to go right for them are the markets which they operate in, the premium positioning which they have in terms of their products, and the business which is being ramped up in these geographies. Overall, this is a space which is not going to see much competition. Pokarna is going to be a big beneficiary of that.