Stock of Aze Ltd is currently trading at Rs.232. The Company is expected to experience a super normal growth rate of 30% p.a for the next 3 years owing to their recent innovative products. Thereafter, the growth rate is expected to continue at the rate of 20% for the next 4 years. Eventually the company may settle at a growth rate of 10 % in the foreseeable future. Aze ltd recently paid a dividend of Rs 4 per share. Investors require a return of 15% on the stock owing to its dynamic business.

Is the stock worth investing at current rates?

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