shares have a decent growth prospect, forecasted to grow by 18% per annum within the next three years. It is a stock with a high P/E ratio, underlining growth prospects, and positive market sentiments. on the stock, however, along with a premium value attached to it, demands caution. Investors should keep an eye on the support level of ₹1592 to determine potential price movement.
Given its stellar returns and market positioning, this stock provides a good investment opportunity. Nonetheless, the stock’s steep valuation and volatility may pose some risk. Investors are further advised to do their due diligence on the stock and consult advisers before making any investment.
