There is no point buying at a high because they will give you very strong negative returns. I would still say give it another quarter, by the next year you should have a good entry point. Right now it is too expensive to buy any of the speciality chemical players in India.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,