June 24, 2021 at 4:46 pm
#11853
ramganesh1982
Registered Boarder
Hi all,
Another interesting stock to discuss will be Wardwizard Innovations which was earlier under the name manvijay development. The revamped company is involved in producing state of the art electronic bikes under the brand Joy e-bike https://www.joyebike.com/ and has recently tied up CSK IPL team as it’s official EV partner. This company has increased its revenue almost 2x qoq . The grey area here is that the valuation (pe ratio , price to book value etc) of the stock is beyond imagination and doesnt give enough confidence for an investor to see the value proposition . If any one has any opinion or thoughta on this pls share