Jefferies unleashes value hunt: 11 buy stocks including 3 Adani bets as India market hits stretched valuations

July 11, 2025

This sharp change occurs as Indian markets now trade at an 82% premium to other emerging markets, well above the 10-year average of 63%. Additionally, nearly 39% of non-financial stocks are trading above one standard deviation of their 10-year average PE ratios.

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