Markets had crossed all-time highs last month and despite the recent correction valuations are not cheap, trading at premiums to historic averages especially in the small & mid cap segments.
So, from the peak to correct around 15% kinds is I would say, but beyond that I would say then they start looking attractive again
Marico’s shares surged 9.3% after a 20% rise in Q2 net profit to Rs 433 crore. Analysts maintained buy ratings, with target prices ranging from
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