“Net-net, the price has gone up from the last three years but gradually. We do not want it to go too high, but at the same time we have to see that the bottom line is protected. We are very careful on overheads but there are expenses that need to be also looked at.”
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings
November 9, 2026