Nuvama also cited SAIL’s poor return ratio expectations behind the downgrade. It expects the company’s Return on Equity (RoE) of 3.2% this year, 6.4% in financial year 2027 and 6.5% in financial year 2028.
Nuvama also cited SAIL’s poor return ratio expectations behind the downgrade. It expects the company’s Return on Equity (RoE) of 3.2% this year, 6.4% in financial year 2027 and 6.5% in financial year 2028.