620% rally makes Cupid the costliest stock in its category at 197 P/E. Should investors be cautious?
Cupid, a contraceptives manufacturer, has seen a remarkable 620% rally in the past year, making it the costliest stock in its category with a P/E of 197. Despite strong fundamentals and technicals, experts advise caution for fresh investors due to its high valuation, suggesting partial profit-booking for existing shareholders.
Cupid, a contraceptives manufacturer, has seen a remarkable 620% rally in the past year, making it the costliest stock in its category with a P/E of 197. Despite strong fundamentals and technicals, experts advise caution for fresh investors due to its high valuation, suggesting partial profit-booking for existing shareholders.
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