Solar pumps and motor manufacturer Shakti Pumps gave multibagger returns over the past year. The company, benefiting from the shift to renewable energy, is aiming for INR5,000 crore revenue by 2025. There are some positives, but there are also some pertinent questions on how it will achieve this ambitious target. Besides, has the stock already peaked?
“The big money is not in the buying or the selling, but in the waiting.” — Charlie Munger, American billionaire and investor. Charlie Munger and Warren Buffett, co-workers at Berkshire Hathaway, have both been proponents of the virtue of patience. In the world of value investing, patience rewards in the long run. And that’s exactly what helped investors in Adani Green Energy pocket manifold returns. Those tracking the stock market closely would
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