“Stocks that are likely to improve their RoEs over FY23 to FY25 and transition into value-creation zone include capital intensive and cyclical sectors such as auto, capital goods, infrastructure, utilities, telecom, commodities and financials,” said Vinod Karki, equity strategist, ICICI Securities in a report.
Concurrent Gainers: 8 smallcap stocks that gain for 5 days in a row
Over the five trading sessions ending December 12, the Sensex closed lower, declining 0.52%, or 445 points, to settle at 85,268. The benchmark finished in