Anandrathi has reached new heights touching

04 August 2023

Anandrathi has reached new heights touching ₹1,300/-, 500% above our investment price of ₹267/share.

Few investors have been asking us if they should exit Anandrathi.

Sharing an update on earnings.

As you can see, company has almost 4x their profits in last couple of years. At 167 cr profits, company is trading at ₹5,400 cr with P/E of ~30 now. As stock markets are doing well, they should have good earnings this year.

The recent move has made it fairly valued and not expensive valuation wise. We would look to exit only when company valuation has soared ( we would sell once we get ₹ 30 for a ₹10 thing) or if company is not growing at a fast pace.

Hence, it is a hold from our side. Lets us hope that this counter makes us 10x (1,000%) and more on our investment.🤗🤗🤗