Indigo Paints: Upcoming Star

Your growth assumptions are not realistic. When the industry itself is growing topline at 13% it is unreasonable to expect Indigo to only compound PAT at 19%. The business standard article linked is much better on the front of earnings estimation.

Unless you are a SEBI registered advisor, would suggest against posting direct advice on any such matters of buying or selling. Please see: SEBI Research Analyst Guidelines, Sep 1, 2014

Agreed. This would be my bear case for indigo PAT trajectory. As several others have noted (including me in the previous posts), the valuations are extreme. What I intend to do is to wait and watch. A lot of recent IPOs have gone down post the initial listing gains (becters, Burger King).

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