[Dilip Davda] After posting inconsistent performances for the previous three fiscals, KIL reported super profits for 9M-FY22 that raises eyebrows as well as concern for sustainability. The company is purely in the trading activities that always have pressure on margin, being a highly competitive and fragmented segment. Based on super earnings, the issue is fully priced. Considering all these, risk seeker/cash surplus investors may consider an investment with a long-term perspective. Read detail review...

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