The share is affordable and can be brought without much worry. The stock tumbled only because of the rate of denim went high. But, it is a stock which has given returns when ever the market has crossed the 15K mark. The overall positive factors happening in the market and the fact that our respected FM has given to boost the textile sector is all making this share to grow. The next target for Arvind is 47 which it will attain before the end of this month.
Looking at brokers feedback on the internet and news , would agree with you on the bubble.
However I will be taking that as an opportunity to buy more :)
My plan is to keep the stock till Jul -Oct next year. ( basically giving the company enough time to recover fundamentally from the recession , sell its land bank and if possible give a plan for splitting the company)
| NIFTY 
