Expert view: Market correction opens opportunities; focus on growth & valuations, says Equitree co-founder
4 days, 22 hours ago

Expert view: Market correction opens opportunities; focus on growth & valuations, says Equitree co-founder

Live Mint  

Expert view on markets: Pawan Bharaddia, co-founder and CIO of Equitree Capital, believes the recent correction in the Indian stock market has created several attractive opportunities with a favourable risk-reward ratio, making it appealing for bottom-up stock pickers. Despite this broad-based selloff, pockets of exuberance remain, particularly in sectors such as capital goods, renewable energy, and select consumer companies, where valuations still don’t give a reasonable amount of safety to buy into. Having said that, the recent market correction has cultivated quite a few interesting opportunities with favourable risk-to-reward ratios, making it interesting for bottom-up stock pickers. To put this in context, our portfolio companies reported an absolute 19 per cent growth in profit on a year-on-year basis for 9MFY25 against a flattish growth for the broad base of the market.

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