Dear Suresh Ji… I am also very new in the market, a learner like yourself… Please take my words as a opinion & not suggestion…
I think, in the bull market its difficult to predict what will be the limit of the PE. It’s better to mix fundamental & technical for exit. I think 30x PE is the base for this company based on historical mean. 43x is not too high for me to consider it for selling. I consider holding period of two years, so I take a view on the 2year forward price and then decide to buy, hold or sell, mixing with technical.
Thanx…
Disc: Holding 1.6% of pf from lower level.
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