Pass-through certificate (PTC) issuances account for over 50% of the volume of transactions surpassing direct assignment (DA) transactions. This ratio between PTC and DA has been shifted because of the merger of the HDFC entities, said the ratings company.
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
December 23, 2024