Yes, indeed @kmukul at least by stock price movement. I completely missed it. I likely to see what are the ingredients that I missed to capture this. However, I stick with the view that it’s a highly cyclical industry and at the peak of it. Valuations were not giving comfort and the shareholding pattern was also scattered. Therefore, for me, it was passed from the margin of safety point of view. But at the end of the day, we all need to see the things that we missed. I believe I will identify if there is something I amiss and if yes, I’ll improve for the next one and if not, I will stick with the process irrespective of the outcome.
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