The premium valuation of Indian equities at 20X forward earnings is well supported by its high RoE of 16% — well above the 10.7% Asian regional average ROE — the HSBC release said quoting its CIO.
Swiggy IPO set to unlock doors of crorepati club for 500 employees
So far, Swiggy has distributed Rs 500 crore in Esops, and the public listing could significantly boost returns for employee shareholders. Sources told ET that