Here is the transcipt >
Transcript Goel.docx (35.5 KB)
Summary >
summary.docx (17.8 KB)
As i was more interested in commentry on future trends…here is something i could recollect.
- Future Market Trends:
a. Discusses the anticipated convergence of valuation multiples between PSU banks and private banks.
b. Questions the sustainability of high multiples for NBFCs, indicating a critical analysis of market trends.
c. Implies a skeptical outlook on market trends that may be driven by short-term factors rather than long-term fundamentals.
d. Demonstrates a forward-looking perspective regarding potential shifts in the banking sector.
e. Advocatesanalyzing individual stocks based on their merits rather than categorizing them solely as large or small caps.
Basically he is skeptic on
1.prevailing optimism regarding certain private banks like HDFC and Kotak Mahindra.
2.the sustainability of high multiples for NBFCs, hinting at potential challenges in their future.
THIS, is different from what i was contemplating about Banks,NBFCs being proxy of Indias future growth prospects.
I’d be glad to hear from someone, if i am missing something. what could be the alternate proxies of indias future growth prospects,if not Banks & NBFCs ?
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