With such a rise, price has to come down, sooner or later. I cannot value beyond a basic level, and as the business is growing in new geographies, with new product launches, perhaps analysts’ estimation can be useful, just for having some sense of valuation, and not for their target prices estimates.
I intend to hold for long term, as I boarded in the middle of the ride, and price has appreciated much, so I can afford to stay put, along with the fact that there is visible growth in the business in the near future.
Depending upon your view about the company w.r.t time, your current P/L in the stock, you can look at adding/waiting/selling.
Subscribe To Our Free Newsletter |