India is like a spring pushed down by disruptive reforms, inflation targeting and a strong dollar phase over the last few years. With excellent demographic and technology tailwinds and global monetary policy being even more accommodative post-Covid, India could witness the mother of all bull runs in the 2020s.
With the formalisation of India’s economy, listed organised players stand to benefit the most. But while thousands of companies are listed in India - many have poor corporate governance, promoter mismanagement, inflated accounts, excess leverage and poor cash flow management. Yet there are a few rare gems who show strong and relatively consistent growth, capture market share and can withstand down cycles.