Over the long term, the optimism is very much intact. But in the near-term valuations are a little extended. It’s about how much of a premium you are willing to pay for the visibility, secular growth and the lack of correlation with the world.
The Aditya Birla Group firm has completed the acquisition of 10.13 crore equity shares of India Cements (ICL), representing 32.72% of the equity share capital
India’s ECM volumes surged past $70 billion in 2024, overtaking major markets like China and Japan and cementing its position as the world’s second-largest ECM
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