Do family issues impact earnings growth?
Will it stop people from buying Raymond?
Will it increase the debt?
Will it hinder day-to-day operations?
Will it cause any monetary loss to the company, apart from a few shareholding pattern changes?
If the answer to most of these questions is a NO then why trade at a 7-odd PE when the company’s median PE is 12-14?
I don’t think this low valuation will sustain for long.
Heard mentality sometimes does present good opportunities.
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