There is room for at least 20-25% upside in PSU stocks: Siddhartha Khemka

There is room for at least 20-25% upside in PSU stocks: Siddhartha Khemka https://ift.tt/9yxaGiN Khemka says: “We believe that in the next two years, FY24-25, the Nifty earnings would continue to grow at 18-20% which should drive the returns from the market. We do not expect much re-rating as we are near the mean of around 20 times. So the earnings will drive the returns and that is what we believe investors should look for.”