The reason for valuations to be at this level is because corporate balance sheets are in the best of health and the debt-to-equity is at the lowest historical levels of 0.55, while companies’ capacity utilisation is at 80%, he said.
BSE SME exchange crosses 600 listings milestone, cos raise Rs 10,652 crore
Since its launch, the BSE SME platform has enabled companies to raise Rs 10,652 crore, with their combined market capitalisation reaching Rs 1.84 lakh crore.