I have gone through the messages posted here and only can grin on some comments canvassing for rise in PSU stocks. But all said and done, we know that such things happen in the market from time to time. Irrational exuberance is the time to be cautious. So if you find multifold return, you should take advantage of it and sell in step by step. Don’t expect Crest like figure from 30 to 3000 as PSUs have large capital base. So be watchful of the greed factor.
I am also astonished to see people buying stocks like IRFC @160, which is a finance company with EPS below 4. What is the expectation here ?
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