Few investors could have thought the sprinter would add another 100 per cent to investor wealth this early. I am not sure if it will be able to do that. As most of the stores were existing ones, the fall in margins during the June quarter is a bit of concern. But then, it is an expensive stock and may remain expensive for a long time. This suggests a 17 per cent potential downside from Monday’s high.
Source: Economic Times July 24, 2017 06:00 UTC