comparemela.com

Systematix Institutional News Today : Breaking News, Live Updates & Top Stories | Vimarsana

From HUL to Britannia, FMCG companies continue to lag India Inc peers

From HUL to Britannia, FMCG companies continue to lag India Inc peers
rediff.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rediff.com Daily Mail and Mail on Sunday newspapers.

Ajanta Pharma stock soars over 13 5% to new all-time high on stellar performance in Q4

Ajanta Pharma shares surged by 13.70% to reach a new high of ₹2,540 apiece following a strong performance in Q4 and full fiscal year. The company reported a 66% YoY jump in consolidated net profit in Q4 to ₹122 crore. For the full fiscal year (FY24), the net profit surged to ₹816 crore.

Despite near-term hurdles, cash-rich NMDC s future appears brighter

Despite near-term hurdles, cash-rich NMDC s future appears brighter
livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.

DOMS, Fedfina, Hindalco among 8 stocks that saw brokerage initiations with up to 60% upside target

Banks valuation discount to Sensex hits 10-year high

Banks, the biggest component of the Indian equity market, are now trading at a big discount to the benchmark indicesThe BSE Bankex index, which tracks the share price of the 10 top listed banks, is trading at a trailing price to earnings (P/E) multiple of 15.3X, nearly a 40 per cent discount to the BSE Sensex current P/E of 24.37X. This is the biggest valuation gap between the two indices in at least 10 years. Similarly, the BSE Bankex price to book ratio (P/B) of 2.22X is 40 per cent lower than the current Sensex P/B ratio of 3.61X.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.