Ankur Rudra, Head of APAC Telecoms & India TMT Research, JPMorgan, says there have always been hope rallies that have played in the IT services sector in the last year. We have seen some of that potentially play out in the last one-and-a-half months. But in the near term, we are not seeing any improvement … Read more
Neelkanth Mishra, Chief Economist, Axis Bank & Head of Global Research, Axis Capital, says there is a big gap between demand and supply and if we can get urban infrastructure investment to accelerate in the next five years, then potentially we can do a 7.5-8% growth. That is an area where if we invest, it … Read more
Going purely by PE multiple or price-to-earnings ratio, which tells you how many years it will take for the company’s earnings to cover its current price, Zomato is one of the most expensive stocks on Dalal Street with an astronomically high PE of 487x. The multibagger stock continues to attract buyers despite a 200%-plus rally … Read more
