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indian market valuation: Markets have run ahead of fundamentals, time to be cautious

India is the shining star in the global stock market. The ones that didn't die post-Covid became immortal. Suzlon, Reliance Power, Reliance Infra, Jai Corp, Swan Energy, Idea Cellular, Imagicaa, Jai Prakash Associates, DB Realty and others have rallied 5-20x from their lows. And the ones that saw management changes like CG Power delivered 60x within 3years of being acquired.

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Multibagger Stock: Reliance Power shares hit 52-week high, up 900% in 3 years; should investors consider buying?

Reliance Power: Extending gains for the 6th consecutive session, the stock has gained 8 percent in intra-day deals today. Between December 29 and January 5, it has advanced 47.6 percent.

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