The global brokerage sees 17% CAGR growth in the company’s EBITDA over FY 2024-27 with capex at its peak and inflecting returns. Goldman Sachs noted that RIL’s capex is peaking in longer gestation capex businesses.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain