#FromTheMagazine | Over half a century after its golden era, Indian football now faces its darkest hour. The men’s football team — and the state of the sport in the country — remain in tatters.
Unless it tears down the rot and rebuilds from ruin, Indian football’s legacy will become its tombstone — a shattered Parthenon, its ruins whispering of wasted potential.
Neeladri Bhattacharjee takes a deep dive into its struggles ▶️bit.ly/3SZtLCa
#FromTheMagazine | Over half a century after its golden era, Indian football now faces its darkest hour. The men’s football team — and the state of the sport in the country — remain in tatters.
Unless it tears down the rot and rebuilds from ruin, Indian football’s legacy will become its tombstone — a shattered Parthenon, its ruins whispering of wasted potential.
Neeladri Bhattacharjee takes a deep dive into its struggles ▶️bit.ly/3SZtLCa
However, analysts are positive on the stock now. “We have seen a huge downside movement in the stock due to the central electricity regulatory commission’s (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.
At a time when the Indian stock market is peaking and has rallied immensely compared to global markets, there are companies that have not performed in the last 10 years. These are definitely a minor portion of the market considering there are hundreds of stocks that have turned multibagger since 2020. What went wrong with these stocks? Reasons vary from corporate governance, sectoral weakness, company specific and so on. But the more important question is, are these stocks worth buying?
