17-18% growth CAGR in next 2-3 years | Anil Gupta, KEI Inds

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Speaking to ET NOW, Anil Gupta, Chairman & MD KEI Industries said, "Price changes are done regularly every 15 days in B2C segment. Some price cuts expected in 2 weeks while Q1FY23 destocking has started taking place with significant interest from B2B segment and institutional buyers in Q1FY23. 10-15% fall in buying pattern for dealers seen; expecting retail business to touch 45% in FY23. Capex at Rs 200 cr in FY23; don't see much slowdown in global demand. The company expects 17-18% growth CAGR in next 2-3 years.


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