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Kotak AMC’s Nilesh Shah: Lower operating, borrowing costs to support mid-cap stocks' profitability in 2020

Updated : December 31, 2019 12:32:32 IST

Nilesh Shah said some stocks underperformed because the speed of resolution in IBC was less than desired while there were exceptional cases like Essar where banks have recovered a lot of money.
'IBC is a great step, it has put fear in the minds of borrowers that debt is not permanent equity', said Shah .
Nilesh Shah said, 'The Budget should be realistic, it should assume tax collection, overall revenue and the GDP growth which is realistic, feasible.'
Published : December 31, 2019 12:04 PM IST

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