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Can this small-cap stock deliver on its bold promise of 50x revenue growth?

A reality check for Kiri Industries' ambitious revenue growth plans

Kiri Industries: Can it ace its lofty goal of 50x revenue growth?AI-generated image

Every so often, the market throws up stories that spark both excitement and scepticism in equal measure. Kiri Industries is the latest to do so. Known for its dyes business, the small-cap company is turning heads with its audacious plan to increase its revenue by a gigantic 50 times in the next three to four years! This means a revenue of Rs 50,000 crore, up from Rs 949 crore in FY24.


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