Then KPIT tech is too overvalued.
I would like to point out that when a cyclical sector is doing well, the high P/E is also justified
When the cycle ends, then stock price or p/e should decrease to reflect that
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Then KPIT tech is too overvalued.
I would like to point out that when a cyclical sector is doing well, the high P/E is also justified
When the cycle ends, then stock price or p/e should decrease to reflect that
Subscribe To Our Free Newsletter |
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