Wanted to gather some thoughts from the community here on the recent price surge in Adani Green.
I wanted to invest back in Oct’19 when it was trading around 50. Based on my analysis back then they were a sound investment and had clear competitive advantages in the industry.
The stock is now trading at 235 and has been the best stock of 2019 in terms of price performance.
I still believe in the company and what they are doing. What the communities thoughts on the same?
The current PE is almost 1000x which is insane, so clearly not a good time to invest now. I seem to have missed my short opportunity to buy it at right price.