Follow cash & not PAT to make good money in India: Saurabh Mukherjea – Economic Times

If a company as big as Asian Paints or a Pidilite compounds profits at 15% but cash flows at 25%, it is the cash flow compounding which is driving the stock. Optically the PE multiple will look high because the P is not following E. The P is following free ca? Read More
reported by ET Now at The Times of India
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