Well said, but then the issue of ‘entry’ comes into the picture. Waiting almost always seems like a wiser choice compared to entering at a wrong time, but no one also knows whats the right time to enter. Rising Anxiety.
This is, and possibly be, a slow moving business. This isn’t IT. The industries and sectors where MTAR clients are ? those places are slow moving. Rockets aren’t made every day, Hydrogen won’t become a mainstay tomorrow, same with everything else they do.
This is not IT, where the world economy has made itself a super-fertile ground for acceptance of IT products and services. This is why IT companies are doing well, because world wants them and is willing to take it, India gives it to them for cheap. MTAR is unique not jsut for India, but the world too. The perceived value could push the price up, but justifications for the movement will be few and far in between, and would expect strong support from investors.
So, better to enter whenever one feels compelled with the business or else if it moves up ? it might just stay there for long, and again you will think “better to wait isn’t it ?”.
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