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Uday Dhople's avatar

Right now it is not a value proposition for retail investors; long term investors should look for margin of safety in all their investments. Paying a fair price of around ev to ebidta of 10 or slightly more may be ok. Paying more means that retail investors have to be prepared for price corrections or at the very least for time correction

Jhajj Gurbag Singh's avatar

TRUE but apart from technicals, it is purely written on the value investing concept Buying fundamentally strong stocks having huge multibagger potential, Strong downside protection and best for long-term investors. Its ROE/ROCE, Order Book and monopolistic but nearly monopoly status and the tailwinds seem making it a fit case~~