Well, yeah. I had quoted that from X and what I wonder was that with such a wide market why is Shakti pump at such low PE when other RE players are 100+.
It may be because of this business doesn’t have longevity which impacts the valuations or who knows we all have made a jackpot.
As others have quoted. – it’s nice to know that they have PhDs but then as oft quoted that between quality of a business and quality if management it’s former who beats the latter … if i may say hands down.
Others are welcome to put their views on why the pe of Shakti pump is at 36 which in today’s environment may be called a value.
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