Investors in the 2016-17 SGB Series I scheme have seen their investment grow by an impressive 122% (Rs 3,819) over the initial issue price of Rs 3,119 per gram. This excludes an additional 2.5% interest income provided by the government. The bonds, issued on August 5, 2016, mature eight years after their issue date.
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