The market seems to be bullish on the CNC manufacturing sector growth. The stock price has got re-rated even though the results have been along or below expected lines until now. Whether the next few results will be on the lines of the now higher expectations or not, remains to be seen.
The stock looks good for the long term although the short term is not clear. I have sold a large part of my holdings but may add on dips over the next few months if the strength in stock price sustains.
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