Assuming the same NPM will remain in rental business the net profit from 600 Cr would be 600×0.3= 180 Cr and NP on EPC 400 Cr× 0.12 = 48 Cr
Total net profit in fy25 = 228 Cr. Thats 20 PE on fy25 earnings. Ignoring Capex.
I think people got injected OPM vaccine and developed a fixation around it.
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