Hi, was tracking Rupa through sideways. Post
recent decent correction, valuation appears undemanding at ~15x forward PE and 1.8 x PB with decent RoE profile (25%). Rerating will depend on EPS trajectory which so far has languished, however good margin of safety at current valuations. With softening cotton prices, margins should see an uptick driving EPS growth.
Any activity from Abakkus on it’s holding (4% stake)?
Anyone tracking the stock? No recent activity in VP forum on this stock.
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