“The valuations currently would look extremely expensive. It is quoting at about 50 times forward PE which is definitely very comparable to...

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I do not think it is a major kind of a operational hassle or even compliance hassle on the part of the issuers to keep track who is the ult...

We were wrong in predicting the market a year back and it looks as if we will be wrong today as well in whatever we predict, says Agrawal.