There is significant re-rating potential for India’s banking stocks, according to Macquarie, as they are trading at 1.3 times their financial year 2028 estimated price-to-book and 10 times price-to- earnings.
There is significant re-rating potential for India’s banking stocks, according to Macquarie, as they are trading at 1.3 times their financial year 2028 estimated price-to-book and 10 times price-to- earnings.