Several large-cap Indian companies have seen their stock prices surge from 52-week lows to highs within just three months. This impressive rally, yielding returns of 22-65%, is attributed to strong March quarter results, optimistic FY27 forecasts, and strategic moves like fundraising. Despite this momentum, many of these stocks remain undervalued compared to their historical valuation multiples, suggesting potential for further growth.
Bharti Airtel, Vi shares rise up to 2% after Aug mobile subscriber data. Which is Nomura’s top pick?
India added 55 lakh mobile subscribers in August, according to data from the Telecom Regulatory Authority of India. Reliance Jio continued to lead with 24