The result were in line with expectation. Pbt at 132 v/s 92 cr yoy. Management has guided for 15% growth with better ROE and debt free in 2-3 years. With all future earning & ROE with debt reduction playing out there is a scope for some rerating .
I personally believe it will slowly playout over next 1-2 years.
I expect a 50-70% upside in next 18-24 months
Disc -personal view only
Invested recently added in tranches
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