06 Feb 2026 | 5 Mins Read

DSP Netra flags quality stocks with high ROE potential

Flipitmoney

DSP Netra notes India's equity market valuation premium is shifting, driven by lower ROE cyclical sectors rather than high-quality businesses. Historically, valuation premium was anchored by high-ROE sectors like FMCG, IT, and oil and gas. Earnings growth has moderated in quality segments, while cyclical sectors like metals face margin and growth pressures.