There have been some positive developments in a few companies, but that alone does not justify the sharp re-rating in multiples, says MD of Kotak Institutional Securities
from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/interview-|-marketsexpensive-at-valuations-higher-than-20-year-average-says-sanjeev-prasadkotak_14378861.html
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