Consistent financial performance is something that every company wants to achieve and every investor considers before making any investment decisions. However, financial performance does not always translate into market returns, especially when a company is overvalued.
A good quality company can earn below-average returns when bought at an exorbitant price, while an average or poor company can outperform the market if bought at the right price.
This story is from the June 2023 edition of Wealth Insight.
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This story is from the June 2023 edition of Wealth Insight.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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