While arguing that stock is overvalued, JPM in their report has given 2 main reasons for it 1. difficult to maintain 20% guidance and 2. Scarcity premium going away due to listing of Tata Technologies IPO.
I am perplexed to say the least …so using this opportunity to add
Disclosure – Largest holding in my PF. This is not a buy or sell recommendation and I am not a SEBI registered analyst. Please do your due diligence before taking decision.
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