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Aditya Infotech: investors need to focus on far range clarity as valuation looks stretched for now

As reported by mint - markets
Aditya Infotech's stock has rallied 427% since its IPO in July last year, pushing its valuation to a stretched 47x EV/Ebitda even as questions emerge over its reported market-share gains.
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Aditya Infotech's stock has rallied an impressive 427% since its IPO in July last year, resulting in a significantly stretched valuation of 47x EV/Ebitda. This rapid ascent has prompted questions regarding the accuracy of its reported market-share gains. Investors are urged to…

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