Varun Manmohan Kapur provides inputs on powerful investment idea
Market Share - Simple Yet Key Factor In Investing: Varun Manmohan Kapur , Yes Bank, former president & currently an independent investor Now market share is sticky, owing to the number of intermediaries involved and the ‘trust’ factor, once created gets difficult to displace in the short term. So large caps with large market shares in their segment’s pre-pandemic are expected to yield the benefits of such enhanced market share over the medium term. Certainty of cash flows, vendor payments, debt servicing, employee retention will all play to their benefit. These outsized market shares owing to the pandemic can throw off conventional valuation matrices like P/E, EV/EBITDA as ‘growth’ (despite their already large base) is expected to be high and disproportionate to levels of economic recovery over the medium term. Check this article of Varun kapur Yes bank on Investment Portfolio Varun Kapur says that the above simple yet fundamental theory of investing in l...