Indian Markets More Rational, Less Forgiving Of Earnings Misses, Says Kotak Institutional Equities MD

Companies like Dixon Technologies, Zomato, etc., which have posted quite robust Q3 earnings, have “innovative” multiples, according to Prasad.

“The multiples are very innovative for the names you mentioned, like Zomato, Dixon, etc. And they have all been priced to perfection, reached…