Veteran investor Shankar Sharma defended Lenskart’s IPO valuation, calling it fair at ~10x sales versus other tech IPOs, while critics argue the eyewear firm’s market remains niche and limited.
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap
Bernstein has retained an Outperform rating on Power Finance Corporation (PFC) and REC but cut its target prices and loan-growth estimates, citing stronger competition from
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