We have been very vocal for the past one year that India deserves a higher PE premium compared to global peers and despite spike in commodity prices, especially oil, India#39;s relative valuation premium remains at historically high levels.
from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-structurally-bullishdefence-chemicals-api-jitendra-gohilcredit-suisse-betsrealty-too_16404361.html
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