Comments by "Sankalp" (@sankalp6872) on "HAL booms beyond Rafale, defence PSUs/shipbuilders beat indices to script unlikely success story" video.

Let's not take a victory lap before the victory. Market valuations constantly fluctuate. Their sustainability is determined by earnings quality and not just earnings. HAL's ultimate success will be determined by the reception of its product portfolio. For e.g. SBI has a descent customer satisfaction which justifies its valuation. PSUs are not inherently inefficient or money-bleeding.
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