We are in one heck of a bull market. Are there any contrarian traders like me who are looking at bearish opportunities?
If yes lets have this thread for discussing bearish opportunities in stocks and sectors.
It goes without saying. No recommendation only discussion about what and why some of the stocks are bearish here and its better to either book out gains or short them here
I am not an investor but India cement. I do not own it.
Market value : 11,294 Cr
Price: 364
Did not make profit in last 2 years, highest net profit in last 10 years is 222 Cr and best case if we consider 222 Cr profit it is trading at 50 PE.
I know company is more than numbers may be I am missing something.
I may be wrong but looks expensive to me.