Primary job in the market as a professional is not what you like or do not like and for what reason. It is about what others are going to like more in future and how long that liking can last. Money is made not based on your opinion but on the crowd’s opinion that favours …

General thinking is that if we have two companies in same segment but one is from PSU and another private player then PSU business will be cannibalized by private player over the period and in anticipation of that market will award better multiple to private player making PSU one looking undervalued forever. But this does …

A company can be called undervalued or overvalued depending on what you are looking at. Looking at past, a stock might seem undervalued but looking at future it might be overvalued. This depends on what is yet to unfold not what has already unfolded. Market is trying to price in the future not the past. …