Buy Talwalkars Better Value Fitness Ltd for consistent growth. Talwalkars has brand value and it is growing at healthy growth rate of 23-24% in Sales from past many years. Profit is also on rise at the rate of 29% from past 3 years.
In India, there is immense scope of expansion in Gym market. Indian are still far behind in running to Gym. This is going to rise. Enrollment is going to rise due to many factors. Health issue due to lazy lifestyle or say bad lifestyle, stress in day to day life, growing income of Indian families. India is a young country.
CMP: Rs 299.
PE = 18.
Currently it is on decline on price front. So, wait and let it stabilize first before buy.