This is a model which is perfect for the lofty valuations of Nifty today. If you were to compare earnings to the multiples, we are probably at the top quartile of valuations historically. At this point of time, we feel the model that we have implemented makes the most sense, Kamath said.
Bajaj Auto shares fall 3% after Q4 results. Should you buy, sell or hold?
Shares of Bajaj Auto fell 3% at Rs 8,753 on Friday after the two-wheeler major reported a standalone net profit of Rs 1,936 crore for