From a triple-digit PE stock to a single-digit; what went wrong with once termed as best multibagger SME stock?
From a triple-digit PE stock to a single-digit; what went wrong with once termed as best multibagger SME stock?

From a triple-digit PE stock to a single-digit; what went wrong with once termed as best multibagger SME stock?

The million-dollar question is, what caused this sudden nosedive in the stock's value?

Karan Dsij Article rating: 3.3

The stock's price-to-earnings (PE) ratio even breached the elusive three-digit mark, exceeding 100x in the early part of this year. Fast forward to today, and the narrative takes a dramatic twist. The stock now trades at a modest single-digit PE ratio, lingering below 10x. 

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