InvestorQ : what shall be the future of this stock. how stong the company is fundamentally and what are the future plans. is it better to hold for long term or short term
mohit loya made post

what shall be the future of this stock. how stong the company is fundamentally and what are the future plans. is it better to hold for long term or short term

Answer
user profile image
5 months ago


I suppose you are referring to Gujarat Themis? The stock is listed on the BSE and the stock price is Rs.138. It has rallied almost fourfold in the last one year and that is largely on the back of the demand for its API business. With the flows of APIs from China locked down, there was a great demand for Indian companies making APIs and that has rallied the stock. You can wait for dips to pick more of the stock. P/E is reasonable at around 11 times.