Listing on the capital market shall help them raise capital to fuel their growth story. This shall provide an opportunity to showcase their business to a larger set of investors through NSE Emerge platform: Rajesh Pandey, Principal Secretary, MSME and Textiles Department to West Bengal government
The 13 new derivatives contracts that have been launched are 'option on futures' on gold 1kg futures, gold mini futures, silver mini futures, copper futures, zinc futures, gold guinea (8 grams) futures, aluminium futures, aluminium mini futures, lead futures, lead mini futures, nickel futures, zinc futures and zinc mini futures. Get more Stocks News and Business News on Zee Business.
The National Stock Exchange (NSE) has changed the methodology for calculating the Price to Book (PB) ratio of the Nifty index, leading to a decrease in its valuation measure. The PB ratio dropped by nearly 20% without the index falling, making Nifty s valuations cheaper. The change involves factoring in the net worth of each index constituent at the consolidated level in the annual financials, as opposed to standalone earnings. The PB ratio compares market price per share to book value per share and helps investors determine whether a stock is overvalued or undervalued.