Then how do u justify stock price getting butchered even though revenue didn’t decline much since last one year? stock price follows the eps right?Plus technicals don’t lie. Price volume reflects everything much before fundamentals show it (check the price volume of best agro before Q2FY23 result the volumea were screaming and the q2fy23 result was a blast, but by the time result was out everything was priced in). There are people who knows the company better than we outsiders and they are buying. That’s what is reflected in price volume.
Honestly speaking I expected the revenue to degrow on sequential basis. Now q3 being a festive season will be good. Even if it’s somewhere around q3fy22 then due to operational efficiency (mgmt told about this in past concalls) eps will blast again. To me it looks like a cyclical play + operating leverage. So sequential eps growth matters to me most. I don’t care much about revenue growth. Even if it stays flat eps will grow on sequential basis. Everything seems to be priced in when stock doesn’t react much on bad result (q1fy23 result). Plus I have buying price comfort around 313. So I’d bet on the future eps growth rather than narratives. It’s not a buy and hold forever type of stock entry and exit timing matters a lot 
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