The stock traded at a P/E multiple of 75.72, while the price-to-book value ratio stood at 5.64.
Posts in category Economic Times
Axis Bank Q2 results preview: Double-digit NII growth may drive PAT higher by 8% YoY (16-10-2024)
Axis Bank is predicted to report an 8% increase in net profit for Q2 FY24, driven by a 10% rise in net interest income and a reduction in slippages on a sequential basis. Loan growth is expected at 11% year-on-year, while slippages are projected to increase by 29% year-on-year.
InterGlobe shares fall 0.72% as Nifty drops (16-10-2024)
The stock quoted a 52-week high price of Rs 5033.2 and a 52-week low of Rs 2389.35.
Sanjay Mookim on how to navigate expensive markets with a strategic approach (16-10-2024)
We cannot predict, at least, let us say, in India, why flows will slow down if at all and that is why people do feel the pressure to continue to participate
Stock market update: Sugar stocks down as market falls (16-10-2024)
The 30-share BSE Sensex was down 266.89 points at 81553.23
Ambit initiates ‘Sell’ rating on Bajaj Housing Finance for overvaluation and competitive pressures; expects 39% downside (16-10-2024)
Ambit has initiated a ‘Sell’ rating on Bajaj Housing Finance, targeting Rs 85, citing valuation concerns amid competition in the mature home loans sector, despite recent growth in AUM and loans.
LTIMindtree Q2 results preview: Strong sequential CC growth seen; margins to expand (16-10-2024)
LTIMindtree is projected to show strong sequential revenue growth driven by the BFSI vertical and a revival in discretionary spending. Analysts foresee a 3% QoQ rise in constant currency terms for Q2 and expect EBIT margins to improve due to the absence of visa costs.
IRCTC shares fall 0.22% as Nifty drops (16-10-2024)
The stock quoted a 52-week high price of Rs 1148.3 and a 52-week low of Rs 636.1.
Stock market update: Nifty Bank index falls 0.05% in a weak market (16-10-2024)
The Nifty Bank index was trading 0.05 per cent down at 51878.3.
Bharat Forge shares drop 0.72% as Sensex falls (16-10-2024)
On the technical charts, the RSI of the stock stood at 37.44.