The valuations of Indian companies have grown at a faster pace than their foreign parent. To illustrate: in 2017, fast moving consumer goods (FMCG) major Hindustan Unilever’s market capitalisation (m-cap) was just 28 per cent of its Anglo-Dutch parent Unilever. Cut to 2022, HUL’s m-cap of $70 billion is 71 per cent of Unilever($101 […]
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