Rossari Biotech Ltd – Can growth justify expensive valuation?

Although the numbers are good but stock price appears overvalued to me at the moment. 550-650 will be a good range I think to go in big. It may take few years of earning growth & new innovative products to justify the previous all the time high of 1500 price. Let’s see.

Started accumulating slowly between 700-820 levels after I found out that it contract manufactures ENZO liquid detergent for reliance at a very affordable price compared to SURF and ARIEL. (Buy Enzo Intelomatic Front Load Liquid Detergent 2 L Online at Best Prices in India – JioMart.)