Aditya Vision’s board approved a 1:10 stock split in July, turning one Rs 10 share into ten Rs 1 shares to enhance liquidity and draw retail investors. The record date was fixed for August 27, 2024. Shares have gained 41% this year, doubling within the past 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