Following the update, at 12.47 pm, the scrip was trading 3.45 per cent higher at Rs 131.80 over the last day’s closing of Rs 127.40 a piece. The stock has rallied 196 per cent in the last three months and is up nearly 45 per cent in the past one year.
Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,