“I need to see cash and cash flows — ability to fund growth. Competitiveness comes from balance sheet strength. So even if the P&L is weak, but balance sheet is strong, I will be positive because balance sheet repair is not where the company’s attention will go to and it will get back market share, margins, earnings, sooner than later“, says Ganeshram Jayaraman, MD and Head, Avendus Spark Institutional Equities.
Valuations in Indian markets have become reasonable: Mirae's CIO Surana
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