"We have got PEs of 70, 80. I wouldn't buy a PE of 80 today," he said, noting that even some global technology leaders trade at lower valuations.
Ajay Srivastava, a market expert, indicates that Indian stocks continue to trade at elevated valuations, exhibiting P/E ratios of 70 to 80, even after a recent market selloff. He expressed reluctance to invest at such high price-to-earnings multiples. Srivastava highlighted that…
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