The stock traded at a P/E multiple of 42.38, while the price-to-book value ratio stood at 4.48.
Posts in category Economic Times
ICICI Bank, NTPC among 5 stocks with short buildup (23-10-2024)
A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment
Share price of Havells India falls as Nifty strengthens (23-10-2024)
A total of 12,645 shares changed hands on the counter till 12:42PM (IST).
Persistent Systems, MCX among 5 stocks with long buildup (23-10-2024)
A long buildup happens when open interest and trading volumes rise along with an increase in the underlying stock price in the Futures and Options segment, indicating a bullish market trend.
Canara Bank shares gain 0.82% as Sensex rises (23-10-2024)
A total of 1,194,922 shares changed hands on the counter till 12:37PM (IST)
Share price of GAIL jumps as Sensex gains 114.66 points (23-10-2024)
Promoters held 51.52 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 16.66 per cent and 8.98 per cent, respectively.
ITC Q2 results preview: PAT may rise 3% YoY; subdued paperboard biz may hurt margins (23-10-2024)
ITC anticipates a steady second quarter with cigarette, hotels, and agri businesses showing positive growth, while paperboard remains weak. Revenue is projected to rise 7% YoY, but margins might decline due to a lackluster paperboard sector performance. Key areas to watch include demand trends, competitive intensity, and raw material costs.
Not only IT or pharma, next one year, go for gold and silver: Gautam Shah (23-10-2024)
Gautam Shah, founder of Goldilocks Premium Research, advises focusing on low beta, midcaps, and smallcaps, suggesting sectors like IT, pharma, and metals. He remains optimistic about a market rebound after recent corrections. Shah also highlights gold and silver as promising assets, while cautioning on the underperformance of capital goods stocks and Reliance.
Chola Inv Finance shares up 0.13% as Sensex rises (23-10-2024)
A total of 24,146 shares changed hands on the counter till 12:17PM (IST)
ICICI Lombard shares drop 1.19% as Sensex rises (23-10-2024)
A total of 3,314 shares changed hands on the counter till 12:12PM (IST)