The premium valuation of Indian equities at 20X forward earnings is well supported by its high RoE of 16% — well above the 10.7% Asian regional average ROE — the HSBC release said quoting its CIO.
The premium valuation of Indian equities at 20X forward earnings is well supported by its high RoE of 16% — well above the 10.7% Asian regional average ROE — the HSBC release said quoting its CIO.