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SG March| Scalable growth prospects with huge addressable market | Is it a good time to buy?

SG Mart operates in a huge addressable market that is traditional, fragmented and unorganized. The company has identified three revenue streams related to the steel sector. The first is pure metals trading – where it already does 50,000-60,000 tonnes of monthly volumes, double the largest distributor in the country. Secondly, it has established service centers to supply processed steel to automotive OEMs and consumer durables. The third business is the retail distribution of non-metallic tubular products, for which SG Mart will use the APL Apollo brand free of charge. Description: SG Mart, an APL Apollo group company, is an emerging B2B (Business to Business) technology marketplace for building materials with a huge addressable market. The company is in the middle of a hyper-growth phase as the online B2B market share of the domestic building materials market is only 1-2 percent, which is very insignificant compared to the US and China where it is around 15-20 percent. percent. For more information on stocks and the investment case, visit our Moneycontrol research page #stockmarket #stockoftheday #bse #nse #stockstobuynow #stocksinfocus #stockmarketnews