Jonathan Schiessl on why there is some justification for higher valuations in India
“In the PSU sector, there is always a risk of divestments or other sort of factors at play. So generally, we shy a little bit away from them. But I think, you know, as we all know, when the market trades at reasonably punchy valuation, people do start looking at the PSUs again. And obviously, there are some sectors where the PSU players give you pretty good exposure as well.”
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