We are constructive on markets and believe the recent correction offers a good entry point to start accumulation for long term wealth generation. With modest ~7% growth expectations in Nifty earnings for FY25E (on a high base), we expect Nifty to resume its double-digit earnings growth trajectory with earnings over FY25-27E expected to grow at a CAGR of 15%.
How to calculate the market cap to sales ratio and what it means
The Market Cap to Sales ratio helps investors assess if a company is undervalued or overvalued based on its revenue.