PLNG's valuations imply stock is at point of max pessimism. TP ₹410 (50%)

PLNG's valuations imply stock is at point of max pessimism. It is pricing in unrealistic scenario of 20% decline in tariffs, with no tariff hike thereafter & 0% terminal growth. At 8.9x FY27E P/E & 4.3% div yield, valuations are rock bottom. TP ₹410 (50%) https://rakesh-jhunjhunwala.in/petr...-target-price-f-₹410-50-upside-motilal-oswal/