I think the rationale is something that is very similar to this video
https://www.youtube.com/embed/h9Rd7ez7KFI
However, Grasim is not entering the playing field till year end and while that may be a reason to buy Grasim ,the PE reduction predictions can only hit mark in bearish market . Indigo anyway is trading near the target and 40 PE . So I guess it was a low hanging fruit for an analyst looking to publish a report .
| Subscribe To Our Free Newsletter |
