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10 Cheapest Stocks With Earnings Growth Potential
This may be the best time for investors to buy firms at “ridiculously low” valuations, says Manish Sonthalia of Motilal Oswal AMC.
21 May 2019, 09:58 AM IST
The renewed U.S.-China trade war, a liquidity crunch, a slowdown in consumption and election uncertainty turned Indian stock market volatile.While the NSE’s Nifty 50 recovered from its recent slump after exit polls predicted a comeback to power for the Prime Minister Narendra Modi-led government, the surge has made stocks expensive.The benchmark is trading at 20.4 times its 12-month forward earnings. That’s higher than the five-year ...
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