If you see, if you recall, most of the API and chemical companies were trading at a much superior valuation to, let us say, that of a formulation companies in the pharmaceutical sector, that was never the case in the last 15-20 years.
F&O Talk: Nifty’s bullish structure intact after best week in 5 years; Sudeep Shah on HDFC Bank strategy, picks 5 stocks this festive season
Nifty surged 8% to post its strongest weekly gain in five years, supported by improving technical indicators and bullish momentum. SBI Securities’ Sudeep Shah discusses