As Indian equity markets hover near peak valuations, Jefferies has released a list of 11 value buy ideas, an aggressive bottom-up play aimed at beating the sideways market. With the MSCI India ex-financials index trading nearly 2 standard deviations above its 10-year average, the brokerage says value is harder to find but still possible. Three Adani group names, Adani Energy Solutions, Adani Ports, and AWL, feature prominently, alongside midcaps like Belrise and Sagility. Here’s the full list of Jefferies’ curated value bets.
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