India Inc to achieve strongest two-year earnings growth vs global counterparts:CLSA
The remarkable performance of the Nifty index has resulted in a notable increase in its 12-month forward price-to-earnings (PE) multiple.
Source: moneycontrol.com
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The remarkable performance of the Nifty index has resulted in a notable increase in its 12-month forward price-to-earnings (PE) multiple.
Shah said India looks expensive vis-à-vis the peer group, as India's prevailing valuation premium over emerging markets stands at 80 per cent against the historical premium of 40 per cent.