Consensus estimates are too bullish on market share gains, CLSA added. The global investment bank sees market share gain to be difficult, given an increase in the competition.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain