Thanks for the details; I’ve been following the company for quite some time and attending the calls on a frequent basis. Your points are valid, and valuation is strech a bit in a recent time. I, too, have booked the profits and exited now. However, the company has long-term plans to expand into southern places in India and has land acquisition plans. Accordingly, it is on my watchlist now. I will be happy to add this if the valuation comes down to the 35 level.
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