HBL has been discussed threadbare on its VP thread. For getting a better understanding of the business, one can go through the thread and the presentation put up by the company post Q3 fy 23 results. ( Better focus on business divisions and growth and margin triggers rather than be focussed on projections, so naively provided)
According to me, it’s a company that’s going to show earnings traction from FY 24 onwards, and beginning of good results could start from q1 or q2 fy 24. So one has to position accordingly.
Short term movement in stock price is difficult to predict in a news/rumour overload kind of market we live in.
How to build position is one’s own call, according to convenience and temperament.
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