Kissht’s rapid rise: Can its business justify the valuation?
Kissht is up 86% in three months since listing. A 61% growth rate, 5% RoAA and a 2.1% GNPA, but credit costs remain above 8%. At 2.4x book, what exactly are investors paying for?
Kissht is up 86% in three months since listing. A 61% growth rate, 5% RoAA and a 2.1% GNPA, but credit costs remain above 8%. At 2.4x book, what exactly are investors paying for?
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