Thank you for your comments. I am relatively new into investing so I won’t be able to guide wrt the price action for these stocks in next 3-4 years. However I can explain my rationale for holding these businesses:
1.PEL: Good leadership, excellent growth rate of the financial lending business. Medium term triggers are getting a housing finance lending and value unlocking due to demerger of finance,pharma and DRG business. Key monitor would be quality of loan book and NPA ratios. Since sector tailwinds are positive, the PE ratio may continue to be on higher side however point to note is that the loan book is usually tested during bad times.
2. Shree Pushkar: good transparent management, focussed expansions to move to higher margin products,no debt, 30% growth rate, 0 waste. Volatility of product prices may have effect on the stock price, but largely management wants to build a sustainable business model which is key.
Regarding run up in prices, almost all stocks are running nowadays, once needs to keep an eye on results and news related to stocks and make use of dips to accumulate. But firstly you need to build conviction and believe in the stock story.
Hope this helps you!