Investor interest in India rose steadily last year thanks to the country's growing economy , burgeoning population and impressive stock market rally . But a pullback toward the end of 2024 left market participants divided on whether to remain invested. Malcolm Dorson, senior portfolio manager at Global X ETFs, remains bullish on the country.
According to FactSet data, all 37 analysts covering the stock give it a buy or overweight rating at an average target price of 3,686.71 Indian rupees . This gives it upside potential of around 20%. General Insurance Corporation of India Another company Dorson is bullish on is reinsurance player General Insurance Corporation of India .
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