I have almost losen hope in sterliite technology. I have buyed @230 rupees. My original thesis was that 5G deployment will enhance the optical fibre demand manifold times and in this anticipation I brought this share. That time I do not know about the cyclical nature of optical business and in fear of missing out I bought at much higher level and finally getting averaged @230. This always reminds me of my mistake of buying cyclical stock at peak margin. I think that why people say, Market is very expensive teacher.
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