Mark Matthews highlighted two distinctive features that set India apart from its emerging market counterparts, even as the Nifty 50 achieved a significant milestone by reaching 20,000 on September 11. In an interview with BQ Prime’s Niraj Shah, Mark Matthews, Head of Research, Asia at Julius Baer Group Ltd., emphasized that India Inc. excels in delivering strong return-on-equity performance, consistently achieving high teens return on equity.
Furthermore, India stands out because of its dynamic growth companies, which are projected to double their earnings within five years, according to Matthews. He stated, “It’s the combination of highly profitable companies and companies with robust earnings growth that makes India quite unique within the emerging market landscape.” India has established a solid track record, with compound annual returns over the past…
