The 24-29x PE is on current MCap if you consider the FY25 PAT range of 187-221Cr. At FY25 exit, market may value this at 35-36x PE on 220Cr earnings leading to an ~8000Cr MCap. Alternatively, on Price to sales, the stock has traded at 2.2x median multiples over the last 5Ys. On an FY25 expected revenue of ~3500Cr, a 2.2x multiple is again close to 8000Cr MCap.
The expected MCap is completely speculative from my side, it depends on market conditions prevailing at the time and many other factors. We can just track earnings and hope to project them with some accuracy.
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