India’s power equipment and transmission space has returned to the spotlight as investors digest a mix of strong order inflows, execution delays and premium valuations. In a recent interaction with ET Now, market expert Dharmesh Kant out Cholamandalam Securities offered a nuanced look at the sector’s strengths and weaknesses, while also expanding its view to […]
Eyewear retailer Lenskart’s lukewarm listing has sparked debate among investors and analysts. Despite being oversubscribed by more than 20 times, the stock opened weaker, surprising many on Dalal Street. According to Dharmesh Kant, Head of Equity Research at Cholamandalam Securities, the problem lies not in business fundamentals but in excessive IPO prices.“The surprise is that […]