The company has never degrown its topline and bottom line for the past 12 years. So is the case with last 14 quarters. But the only cause of concern is it has been growing its topline at an average 12% for past many years. Therefore, whether the company is worth the PE of 52 is the question i am trying to look answer at. May be its getting some sort of MNC premium.
In my view this stock unless does really well based on some growth triggers, will be stuck at this levels for years or may fall going forward on account of PE de-rating. At an average PE of 35, it will quote 13K. But then market always has some surprises
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