What do the members think of the buyback price…10000 per share against ~7000 cmp…is the company telling us that the valuation is low, OR they think the future earnings will be more than current earnings? Based on the the run up in the last 18 odd months…I thought stock has smartly rerated, but seems froth is building…but the buyback price is making me think is the CMP cheap or overvalued.
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