The price/earnings to growth ratio, or PEG ratio, is a stock valuation metric that investors and analysts may use to examine a company's performance and estimate investment risk. PEG ratios of more than 1.0 are typically seen as negative, implying that a company is overpriced. In contrast, ratios less than 1.0 are seen as better, [...]
There are many methods and metrics used to determine if a company is undervalued, overvalued or fairly valued. One such method among multiplier models is the use of Price to Earnings(P/E). The Price-to-Earnings (P/E) ratio is a widely used financial metric that helps investors and analysts evaluate a company's stock by comparing its market value [...]
Dolly Khanna is a major investor located in Chennai who is noted for making obscure choices that go on to outperform the stock market. Since 1996, she has started investing in stock markets. Dolly Khanna's portfolio, managed by her husband Rajiv Khanna, is often oriented toward more traditional equities in the industrial, textile, chemical, and [...]
The Ministry of Railway was allocated a record high Rs 2,40,000 crore in budgetary support in the Union Budget 2023-24. The all-time high allocation, which was nearly nine times compared to the allocations made in 2013, has given a push to railway infrastructure in the country this year. A massive Rs 1.85 lakh crore had [...]
Asahi India Glass Ltd(AIS) is a leading integrated glass solution provider that offers a wide range of offerings including laminated windshields, tempered glass for sidelights and backlights as well as value-added products like solar control glass, acoustic glass, defogger glass heated, and rain sensor windshields. On Friday, Asahi India Glass Ltd shares closed at Rs [...]
The equity markets finished 2023 on a higher note as the benchmark indices Nifty 50 and BSE Sensex hovered near all-time highs, gaining 20 percent and 18 percent, respectively, through the year. Due to elevated valuations, analysts believe that the upcoming months might see some bouts of volatility Moving into 2024, some of the crucial [...]
The Reserve Bank of India approved ICICI Prudential Asset Management Company Ltd's acquisition of up to 9.95 percent stakes in Federal Bank, IDFC First Bank, RBL Bank, IndusInd Bank, and Equitas Small Finance Bank on Thursday. Federal Bank Ltd The Federal Bank Limited was established in 1931 as Travancore Federal Bank Limited. It offers retail [...]
Shares of this small-cap stock associated with the ‘hospitality’ industry jumped up to 2 percent in Friday’s trading session after the company signed a Franchise Agreement for a hotel in Mussoorie, Uttarakhand. The company’s stock is inching near to its 52-week high price. With a market capitalization of Rs 9,495.07 crores, the stocks of Lemon [...]
Jindal Aluminium, India's largest Aluminium extrusion company, announced its recognition as the 'Star Performer' in the large enterprise category for 'Aluminium and Articles thereof' at the Engineering Export Promotion Council (EEPC) National Export Awards 2023 (in its 2019-20 edition). This prestigious accolade underscores the company's exceptional export performance on a national scale. The grand award [...]
The shares of one of the leading private general insurance companies in India are in red after it received a show cause notice from Joint Commissioner, CGST & CX Thane Commissionerate to pay a GST of Rs. 1,728.61 Crores. In the day’s trade, the shares of ICICI Lombard General Insurance Limited closed at Rs. 1,425, [...]
