IDA is in a lumpy business and these ups and downs were expected. Their margins are on the downtrend but atleast they are open about it. Revenue growth is fine. Concalls are still a joy to attend. I added the equivalent of my holding for my wife today. Combined we own a huge amount of IDA around this price.
Laurus has been a bit of a disappointment… and the guidance of dr chava has been disappointing too. That being said im in it for the long haul. Havent sold a share since i added it 2.5 years ago and it still makes up the majority of my PF. Im not too bullish on either of the above in the short term… but over a long period ie 5+ years ive no issue holding.
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