One Reply to “Valuations Perspective”

  1. Very nicely put. And therefore the problem rightly lies at low economy growth reflected through low capacity utilization, low credit growth, low margin and of course low EPS growth.
    And that’s why this government needs to recognize the problem at the lowest level/base of the economy (including rural stress and low job creation) as to why the economy is not moving. Any superficial tweaking of indicators including fudging with economic data will not help the economy to “grow”.

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