Top bets? 3 auto stocks on Mayuresh Joshi’s watch list
“Somewhere, because of the policy changes, expectations in terms of regulatory headwinds and the embedded value of return on the end of the value is expected to take a hit in insurance companies thereby leading to the de-rating that happened on these stocks post-Budget. SBI Life, probably can go through all these elements in terms of regulatory/budget announcements and the dynamics on the balance sheet.”
