Kindly guide whether era infra can be multibagger as it has PE ration very less compared to its peers and its financial performance has been very good since last three years.
Era Infra is too good. But it has been wandering around 70-80 for a comparatively very long time. It was around in 2 digits even while the market touched 4600 a few months before. It has more than doubled now. It is almost at its high if you consider the face value.
It is a gem and will give good returns but I dont know whether it will be a multy bagger from this level in the near future. To me it is fairly valued comparing the market level.
I bought this share yesterday only with a hope that it will surely give reasonable gains. After knoing your view on this share I am little afraid that whether this share will move like other infra shares or slowly move. Otherwise i will switchover to another share. pl adavise me.
| NIFTY 
