The counter has witnessed a Channel breakout on the weekly chart and the stock is in the formation of higher highs and higher lows on the daily chart for the last four consecutive days.
Gautam Duggad sees PE re-rating potential in 2 sectors; likes largecaps & may raise weight in Reliance
Gautam Duggal, Head of Research at Motilal Oswal, sees limited PE re-rating potential, primarily in large-cap financials and capital market stocks. He favors earnings visibility