INSUBCONTINENT EXCLUSIVE:
The valuations of Indian companies have grown at a faster pace than their foreign parent
A reason for the higher share in m-cap is that Indian companies command a much higher premium than their multinational corporation (MNC)
parent.
HUL has a price-to-earnings (P/E) multiple of 67 times even as the parent trades at just 20 times
of HUL.
Besides valuation differential, the Indian market is considered to be one of the key markets for most of these MNCs.
