Even after the recent declines, India remains the second-most expensive country after the US with the Price to Earnings (PE) ratio — a popular valuation measure — at 20.97 times compared with nearly 10 times of Chinese stocks.
Reliance Infra shares rally over 1,400% in 5 years. Is there more upside left?
Reliance Infrastructure shares have surged over 1,400% in five years, with a fresh 45% jump in the past month driven by its jet manufacturing deal