Rakesh Rawal, CEO of Anand Rathi Wealth, is confident in achieving their revised guidance of Rs 900 crore in revenue and Rs 290 crore in profit. Despite market volatility, they foresee 20-25% long-term growth potential, driven by robust client acquisition, increased relationship managers, and technology enhancements. They focus on technology for customer value and are open to new products.
Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,
January 15, 2025