The stock rose from Rs 749 as on 20th February 2023 to Rs 2136 recorded on 20th February 2024 that translates into an upside of 185% in a year.
Gautam Duggad sees PE re-rating potential in 2 sectors; likes largecaps & may raise weight in Reliance
Gautam Duggal, Head of Research at Motilal Oswal, sees limited PE re-rating potential, primarily in large-cap financials and capital market stocks. He favors earnings visibility