Siddharth Purohit of SMC Global Securities believes that given the stable RoE of 30% valuation, in terms of P/E ratio is likely to come down to 31x and 22x in FY21 and FY22, respectively from 43x.
from Latest News https://ift.tt/2TzKiO7
Thursday, 27 February 2020
SBI Cards IPO: Why analysts suggest subscribing despite rich valuation
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment