Heavy IPO supply is keeping Indian stock valuations in check, says ICICI Prudential's Anand Shah
Anand Shah of ICICI Prudential AMC says India's wave of new listings is keeping stock valuations reasonable rather than signaling excess. He also flags a shift away from consumer brands toward disrupted sectors like autos and paints, and outlines a cautious but selective view on IT stocks.
Anand Shah of ICICI Prudential AMC says India's wave of new listings is keeping stock valuations reasonable rather than signaling excess. He also flags a shift away from consumer brands toward disrupted sectors like autos and paints, and outlines a cautious but selective view on IT stocks.
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