Valuation Perspective News Today

if gas prices keep rising. fuelling controversy. opec slashes production to boost oil prices, sparking an angry reaction from president biden. plus — too broke for beauty? women around the world say they are cutting back on cosmetics — so how is the industry responding? well hear from a top entrepreneur. we start here in the uk, where as youve been hearing, prime minister liz truss has been presenting her plans to boost the economy — in her keynote speech to the conservative part...

"go nuclear and go large, go with sizewell c" — those were the words of outgoing prime minister borisjohnson on thursday as he pledged £700 million of uk taxpayers�* money to help build a new nuclear plant at sizewell in suffolk. he said its vital that the uk becomes more energy independent as soaring oil and gas prices have left millions facing fuel poverty this winter. but critics argue that the money would be better spent on wind, solar, or even just better insulation for our h...

Norcros plc delivers a strong FY24 financial performance amidst market headwinds (LON:NXR)

"The markets may be volatile closer to general elections as we have seen in the past instances and have seen varied market reactions for different outcomes. However, eventually, the market fundamentals along with continuity of reform measures and fiscal prudence matters more for the equities. Hence, the approach needs to be far more focused on long term fundamentals than rejig the portfolio for general elections or any other event when it comes to long-term investing."

“Sensible value will be emerging where you have some disappointments which might come up in the next couple of quarters. Tech is one space where there has been some disappointment but there will still be some challenges as we get along and there already we have seen one leg of valuation correction of 30%-40% especially in the largecap side.”

“Given that the backdrop and inflation is today a bigger issue in the US than in India, that means RBI and the US Fed are both fighting inflation. RBI has done a better job which means India is likely to have an earnings upgrade, with both the midcaps and the largecaps benefiting going into next year.”

“We need to make them understand that instant gratification does not work. You will come across people on one side, they invest in high risk products like crypto and all. On the other hand, they prefer to invest in FDs. So there is no middle path for them. And in fact, that path is the solution which needs to be told to them.”

"Keeping volatility in the global markets and expensive valuation in mind, we keep our overweight view on financials, consumption, industrials, and automobiles. We are adding weight in Healthcare while remaining UW on Metals, Energy, IT, and Utilities. One needs to add quality names to their portfolio that have strong fundamentals with robust earnings outlooks in order to tide over this volatility. Also, one needs to keep valuation in mind ."

“Largecap story is back but when it comes to relative risk reward on the valuation basis, if you begin with that, then definitely it stands out because generally 60% of largecaps is about the consumption part of Indian economy through retail credit growth or through FMCG or auto OEMs, etc.”

Aequitas Investments, a small and mid-cap investor, is still finding companies in the small and midcap sector with inexpensive valuations and continues to invest in them. While there is froth in the small and mid-cap space, there are still pockets with attractive valuations. Aequitas Investments small-cap strategy has been the top performer in September, driven by long-term calls in sectors such as infrastructure and manufacturing. Thematic funds focused on Indias growth story are expected to do...