Its debt…as per screener data kpi debt to equity is 2.58 which on higher side given its asset Heavy model. On the other side waaare is almost debt free company .
Also market discounting it behalf of foreword PE of only 57 if we calculate based on last eps which is 30.
Hope that help .or is there bubble .
I don’t know I’m still learning.
Disclaimer.Invested from1350 levels.
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