Whether its Landmark Cars or Ethos these are growth stories that are bound to perform well due to higher dsiposable income levels and premiumzation trend (which is strong at this point of time in india).
And retail premium businesses like these are always on a higher side of valuation scale and one cannot pick them at very low PE of 10x or 15x PE.It’s just that the time of entry should suffice the growth of both the stock price and the company.
Pls share your thoughts on this fellow investors
Subscribe To Our Free Newsletter |