Prashant Jain, Founder & CIO, 3P Investment Managers, said they looked at 15-year average valuations, because 15-year captures roughly two cycles. They compared the current multiples relative to that ...
Prashant Jain, CIO, 3P Investment, observes that the Indian market is fairly valued. He notes reduced valuation dispersion across sectors. Nominal GDP growth is around 10-12%. Profit growth should ...