A good company at a bad price or over expensive valuations becomes a bad stock for investments. Currently Naayka is in over over expensive valuation territory. Rise of stock matters on a lot of factors and seeing lot of PE investors are sitting on hefty returns even on current valuation, ride in near to short is very rough. Long term will depend on sustainability, growth, margins which looks a herculean task. Let see how soon this message is marked as offensive:joy:
. Truth is always bitter.
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