those are some brave shorters given the rapid growth record, tailwinds, long growth runway remaining, expanding margins and now recently reiterating guidance for the year at end april (only 2mo to go in fy).
they are growing at 50%\yr so p/e 30 seems good value (or fair value at least).
i would not be shorting this so maybe its shorts covering.
Ann: Goldman Sachs Presentation, page-23
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