US equities remain the most profitable market globally on a return-on-equity basis, even as a broader rotation away from American mega-caps reshapes global leadership, Goldman Sachs said in a note.
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US equities remain the most profitable market globally on a return-on-equity basis, even as a broader rotation away from American mega-caps reshapes global leadership, Goldman Sachs said in a note.
The brokerage has, however, lowered its target price to Rs 97 from Rs 100, valuing the stock at 9x FY28E earnings.
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