Hi
For me it’s more about price at which I buy. Current valuation is such that the probability of loss seems to be almost negligible. Dont know how long I can hold
Company has seen many regulatory hiccups from the past, same is also highlighted in valuepickr thread of IGL. High probability they might just pass on the cost to consumer if not immediately slowly, even if ROCE falls to 17-18% I think a PE band of 15-20 is fair enough for a business like IGL
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