An interesting observation....At the the time of NNW float , SMA was valued at 10% of NNW.
The market has been kind since....SMA is now 15% of NNW.
We wait to see how much kinder the market will become towards SMA vs NNW.
Reasonable metric to keep in mind.....The 10 to 15% rule....These 2 companies are similar in more ways than one,but I reckon SMA has more arrows in the quiver.....It is likely to grow relatively faster than NNW.
customer take up in october , page-6
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