Confidence & faith of the financial system is very low, says Sunil Singhania, Founder of Abakkus Asset Management, in an interview with CNBC -TV18’s Latha Venkatesh and Sonia Shenoy.
Debunking the quality math | Sunil Singhania to ET Now
Is there a bubble in quality? Sunil Singhania, Founder – Abakkus Asset Manager LLP says high PE stocks will not give high returns for the next ten years. Catch him in an exclusive chat with ET Now.
The Big Call – Bubble In Quality?
Indian equity markets have never witnessed as high a valuation in a few stocks for such a prolonged period as we see today. Most of these stocks are usually associated with perception of high & increasing growth and improving capital efficiency. While these characteristics are true for a few stocks, a closer look tells us a completely different story for the majority. We attempt to unearth and understand the valuation bubble in perceived quality stocks in India.