Need to invest in 1 of 2 conglomerates: A) Has 20% from FMCG sales India and has 80% from steel abroad. RoE 10% and FCFF yield 3%; B) Has 60% sales from FMCG business India and has 40% from selling abroad. RoE 15% and FCFF 5%. A is 5x size of B. Which one to invest? why? #stocks