I thought about the same when it was trading at ~400 levels. Felt that the valuations are not justified. However it depends totally upon you. If you feel that the moat it has, the future earnings potential (expansion, need for its product) is under/fully/over valued and then you would need to take a call.
Disclosure : Invested and may also invest in further into the same. Views may be biased.
| Subscribe To Our Free Newsletter |
