At current market price, this retail sector stock is trading at P/E of 56 times its FY24 projected earnings, which is reasonable, and MC Pro recommends investors to add the stock to their portfolio. Watch the video for details on the company and its fundamentals
At CMP, Trent is trading at 32x FY23 EV/EBIDTA projections. Valuations are expensive but strong growth prospects would continue to drive re-rating. Investors should add the stock in the portfolio. Here’s why.
Bharat Forge is trading at a valuation of 23.5 times FY23 projected consolidated earnings, which we believe is at a reasonable level given the strong growth potential. We advise investors to buy and also accumulate at lower levels. Watch the video for more.