I basically think that IEX will be like say CRISIL in rating business. It will be market leader with good margins. So maybe the early entry in stock will help in long-term capital appreciation.
Also I think this will be a GREAT dividend story in coming years as not much capital required for technology upgrade ( compared to other capital intensive businesses like coal, oil, renewable energy, gas, metals etc)
Its perfect INDIA Growth story.
Of course, my views maybe biased at I was lucky( thanks to Mohnish Pabrai) to enter this stock around 120 ( & now aveg buying price is 200)
So my plans are to hold this one for my retirement which is around 20 years away.
My personal Opinion.
Regards,
Vikas
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