Kotak recommends buy for holding cos of Equitas, Ujjivan, sees better risk reward
Mumbai: Kotak Institutional Equities recommends buying holding companies given the current valuations and large holding company discount. The brokerage said it is seeing diverging performance for small finance bank shares leading to holding company discount for Equitas Holdings declining to below 30% from around 45-50% levels since listing of the small finance bank. The brokerage … Read more
