Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
financials | IT | Utilities: PSUs not an asset class; the overvaluation could last longer: Venugopal Garre
Update / Judgement Date
14 Aug 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Overvaluation of PSUs might persist longer, according to Venugopal Garre. He suggests that the market may continue to overvalue public sector stocks, impacting their investment attractiveness and long-term performance. The analysis points to potential challenges in achieving fair valuation and investor returns.