When valuing Indian financial stocks, traditional methods like discounted future cash flows are impractical due to their lack of free cash flows. Dalal Street’s top stock picker Saurabh Mukherjea recommends using the “residual income” model instead. The model calculates return on equity (ROE) minus cost of equity (CoE) to determine the economic value add of a financial services company.
Stock market Holiday 2025: Are Indian exchanges NSE and BSE shut for Bakrid today?
Eid al-Adha, also known as Bakrid, will be celebrated in India on June 7, leading to closures for most public offices, schools, and banks on
June 6, 2025