MNC stocks\' valuations remain high across the board: Are they still worthy long-term bets?
A prominent segment has not been part of the sharp market rebound of the past few months. MNC stocks, usually among the market favourites, are trailing. So how are MNCs placed in the post-Covid world? Can these stocks retain their premium in the coming years?The impact of the pandemic on business has been felt by all companies with deferred or lost sale and supply chain challenges hurting revenues and profitability. Even though the country has