Goldman Sachs Initiates Coverage on India’s Defense & Aerospace Sector - Initiates coverage on 8 companies across the ecosystem - Highlighting TAM Expansion | Indigenisation | Export Boom 1️⃣ The Decade of Defense Supremacy - India’s defense engine is entering a multi-decade
@selvaprathee Goldman is giving PE multiple of last 1.5 years when the markets have been utmost bullish.... That's why target price is so inflated.... PE multiple based on such low timeframe is manipulative #stocks...
@strongwoman2020 ✦ Goldman isn’t anchoring to bullish PE froth, it’s pricing in a structural rerating post Atmanirbhar + export visibility + private order acceleration. ✦ In defense, the last 1.5 years weren’t just sentiment-led, they marked the inflection of earnings visibility and policy
@selvaprathee Well captured Pahalgam was extremely unfortunate Op Sindoor was a sleeping giant (Indian defence) awakening moment. Pakistan is a perfect guinea pig
@selvaprathee Thank you for such post
@selvaprathee It becomes quite easy to read, instead of reading the full report. Thanks for the notes!
@selvaprathee can you share the full report link. wanted to read the full report.
@selvaprathee Thank you