Gautam Duggad sees PE re-rating potential in 2 sectors; likes largecaps & may raise weight in Reliance
Gautam Duggal, Head Of Research – Institutional Equities, Motilal Oswal, says the potential for a re-rating of price-to-earnings (PE) ratios appears quite challenging at this moment, with only limited opportunities in select areas. The only sector where some re-rating potential remains is in financials, particularly among large-cap banks, which are currently undervalued. There is a … Read more