SG Mart| Scalable growth prospects with a huge addressable market| Good time to buy?

SG Mart operates in a massive and total addressable market, which is traditional, fragmented and disorganized. The company has created three sources of income related to the steel sector. The first is the pure metal trade, where it already produces between 50,000 and 60,000 tons of monthly volumes, being twice the largest distributor in the country. Secondly, it has established service centers to provide processed steel to automotive and consumer durables original equipment manufacturers (OEMs). The third is the non-steel pipe products retail distribution business for which SG Mart will use the APL Apollo brand free of cost. Description: SG Mart, an APL Apollo group company, is an emerging technology-based B2B (business-to-business) marketplace for building materials with a huge addressable market. The company is in the midst of a hyper-growth phase as the online B2B market share of the domestic building materials market is pegged at just a very minuscule 1-2 percent compared to the US. . and China, where it is around 15-20. percent. For more details on stocks and investment fundamentals, visit our Moneycontrol Research page #stockmarket #stockoftheday #bse #nse #stockstobuynow #stocksinfocus #stockmarketnews