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.
How US tariffs could reshape India’s export landscape? Radhika Rao explains
If you take the baseline of first term of President Trump, the action usually starts low, there is a lot of study going on but