$Safari Industries – Baggage stock can be claimed at lower priceSafari Industries (India) LimitedNSE:SAFARIBallaJi 📉🧳 The market is finally "unpacking" the truth about Safari Industries. Despite 20% volume growth, the company is trapped in a margin death spiral, with EBITDA margins crashing from 15% to 10.9% in just two quarters due to aggressive discounting. Margin Compression: Operating margins collapsed by 416 basis points in just two quarters (from 15.02% to 10.86%). Expensive Valuation: Even after the crash, it trades at a 52x P/E, a 33% premium to its sector, despite "poor" growth scores. Management Shakeup: The recent resignation of the Company Secretary and changes in management have added to the uncertainty.