Several PSUs trade at extremely high market caps relative to their profits, net worth or assets: Kotak report
The Indian equity markets have experienced a recent pullback following a record-breaking rally. In a recent note, analysts at Kotak Institutional Equities highlighted that investors seem to be overlooking concerns about high valuations. They believe that the pursuit of returns has outweighed the fear of risks, whether apparent or hidden. The brokerage noted that institutional … Read more
