The online route is the new favourite for many states for better price discovery and transparency. MSTC’s 10 percent revenue growth guidance from e-commerce is in alignment with that.
https://www.moneycontrol.com/news/business/earnings/ideas-for-profit-should-investors-bet-on-mstcs-business-transformation-6135801.html
Correction: MSTC is trading at a P/E multiple of 8x FY22 earnings
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https://www.moneycontrol.com/news/business/earnings/ideas-for-profit-should-investors-bet-on-mstcs-business-transformation-6135801.html
Correction: MSTC is trading at a P/E multiple of 8x FY22 earnings
Follow us:
Website: https://www.moneycontrol.com/
Facebook: https://www.facebook.com/moneycontrol/
Twitter: http://www.twitter.com/moneycontrolcom
Instagram: https://www.instagram.com/moneycontrolcom/
#moneycontrol
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