Currently, large-cap IT companies have corrected to a more reasonable sub-20 times PE valuation. With buybacks being the common practice, robust cashflow generation and strong management quality, the prospect of building a large-cap IT portfolio over the next 12 months seems promising, he said.
Currently, large-cap IT companies have corrected to a more reasonable sub-20 times PE valuation. With buybacks being the common practice, robust cashflow generation and strong management quality, the prospect of building a large-cap IT portfolio over the next 12 months seems promising, he said. Currently, large-cap IT companies have corrected to a more reasonable sub-20 times PE valuation. With buybacks being the common practice, robust cashflow generation and strong management quality, the prospect of building a large-cap IT portfolio over the next 12 months seems promising, he said. Moneycontrol Latest News Read More
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