India valuations ‘expensive again,’ warns Jefferies; add Bharat Electronics, Ambuja Cements to model portfolio
- Posted on May 16, 2025
- By Financial Express
- 1 Views
India valuations ‘expensive again,’ warns Jefferies; add Bharat Electronics, Ambuja Cements to model portfolio
Jefferies says that India valuations are now closer to the September peaks. They have reduced weight in banks and added defence.
