He has not invested 30% in polycab or kei… The stocks have gone up significantly making most of its stake. Also, 25% sales growth and 30% profit growth expected YoY for next 2-3 years and PE stands at around 50-60 which seems fairly valued. Polycab is entering UHVC segment starting from this FY which will further benefit the company’s revenues and topline. It’s a non-cyclical proxy to infra and construction. If he was able to buy those very early on then it seems fair in my opinion.
Disc. Sold Polycab few days ago because of better opportunities available. still tracking
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