A P/E ratio above 50 suggests that the company’s stock price is rising much faster than its earnings. From the Nifty 200, we have highlighted the top 5 stocks with the highest TTM P/E ratios.
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Zomato and 4 other stocks with very high PE ratio (07-10-2024)
A P/E ratio above 50 suggests that the company’s stock price is rising much faster than its earnings. From the Nifty 200, we have highlighted the top 5 stocks with the highest TTM P/E ratios.
Mphasis shares gain 3.27% as Sensex rises (07-10-2024)
A total of 13,294 shares changed hands on the counter till 10:00AM (IST)
Rotation out of India into China not going to last long: ED Yardeni (07-10-2024)
ED Yardeni comments on various market factors affecting global economies. He notes the impact of Middle East conflicts on oil prices, skepticism about China’s economic recovery despite short-term gains, and future US interest rate movements. Yardeni also highlights investment opportunities and market rotations between India and China, along with US stock market trends.
Rupee rises 2 paise to 83.97 in early trade (07-10-2024)
The rupee edged up by 2 paise to 83.97 against the US dollar due to a weaker greenback and lower crude oil prices. Forex reserves hit a record of USD 704.88 billion, while domestic equity indices Sensex and Nifty also posted gains, despite FIIs outflows and Middle East tensions limiting larger advances.
Bajaj Housing Finance, Adani Energy 6 stocks with up to 43% upside potential (07-10-2024)
Several global and domestic brokerages have initiated coverage on six stocks including Bajaj Housing Finance, Adani Energy, and Varun Beverages. They see potential upsides of up to 43%. Varun Beverages and Aadhar Housing Finance are highlighted for strong market positions and growth opportunities. Adani Energy is noted as a promising investment in India’s transmission sector.
Bajaj Housing Finance, Adani Energy among 6 stocks with up to 43% upside potential (07-10-2024)
Several global and domestic brokerages have initiated coverage on six stocks including Bajaj Housing Finance, Adani Energy, and Varun Beverages. They see potential upsides of up to 43%. Varun Beverages and Aadhar Housing Finance are highlighted for strong market positions and growth opportunities. Adani Energy is noted as a promising investment in India’s transmission sector.
Bajaj Housing Finance, Adani Energy among 6 stocks with up to 43% upside potential (07-10-2024)
Several global and domestic brokerages have initiated coverage on six stocks including Bajaj Housing Finance, Adani Energy, and Varun Beverages. They see potential upsides of up to 43%. Varun Beverages and Aadhar Housing Finance are highlighted for strong market positions and growth opportunities. Adani Energy is noted as a promising investment in India’s transmission sector.
Senco Gold shares surge 6% after nod for Rs 500 crore QIP, 1:2 stock split (07-10-2024)
Shares of Senco Gold surged 6.4% to Rs 1,494.55 after the company announced a Rs 500 crore qualified institutional placement (QIP) and a 1:2 stock split. This means shareholders will receive 2 shares with a face value of Rs 5 for every 1 share of Rs 10. The announcement was made after market hours.
Once darlings of D-Street, 11 FY24 multibaggers tank over 25% in H1FY25. What went wrong? (07-10-2024)
Several multibagger stocks that saw great returns in FY24 have dropped over 25% in the first half of FY25. Indian equities face challenges from geopolitical uncertainties and rising oil prices. Analysts suggest a cautious approach, focusing on quality stocks that can endure macroeconomic pressures. The market outlook remains mixed.