The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
quality stocks require earnings growth not just high valuations
Sunil Singhania, founder of Abakkus Asset Management, emphasized that investing in quality stocks at any price is flawed. He noted that while companies like Hindustan Unilever and Asian Paints have high P/E ratios, their growth rates are not sufficient to justify such valuations, as they lag behind the country's nominal GDP growth.
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