The US brokerage cited the stock’s premium valuations and said expectations of high NIMs and opex could disappoint in the near-term. The stock trades at 2.2 times its forward price-to-book value – above its long-term average.
Swaying with the pendulum of market mood can compel the investor to buy during a bubble and sell during a crash. But it is important
Benchmark BSE Sensex plunges 1,769 points amid West Asia conflict, hitting a three-week low. Key stocks in focus include Godrej Properties, Angel One, and ITC.
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