1. We tend to intelligent on hind sight 2. Such analysis are required when valuations sky rocket 3. Your analysis tends to point that India’s strategy of local mfg is being diluted
Have I finally become the "greater fool"? If these stocks doesn't rise then I'll be at loss. Have invested Bharat Dynamics & HAL ₹1 lakh each, now they are at 15% & 10% down respectively. P.S. Anyway, I'm not gonna sell at loss, even if I have to hold these for decades. Still bullish on these stocks.
Simple pump and dump. Beyond a certain point of valuation even the best of companies become pawns for big players to value trap little ones. Some of these were on outrageously high valuations.
Surprising, this programme on the print when defence sector great and great future because of modi and the channel almost all the time criticized modi and policies of his govt.😂