The global investment bank believes that the current valuations are at 7.2x FY24E P/B, 46.4x P/E. The valuations do not fully price in headwinds such as pressure on new business, said the note.
As we are at the fag end of 2024, a look back at the performance of PSU stocks shows BSE PSU index delivering nearly 29%
Base metal prices are shaped by global economic trends and industry-specific factors, with China’s economic conditions playing a pivotal role. As the largest consumer and
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