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MM at elevated valuation should raise fresh capital for expansion

MerryMart Consumer (MM) is currently trading at 4.27 level. That maybe down 46.56% year-to-date but at that price MM is still very much valued at a substantial premium. At that price MM’s price to book value is at 17.44X and P/E ratio is at 436X. In 2020, MM made an aggressive expansion. Its aggressive expansionContinue reading “MM at elevated valuation should raise fresh capital for expansion”