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zomato listing: What is true value of Zomato shares? Aswath Damodaran pegs it at Rs 41
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
zomato share listing zomato ipo, zomato share profit, zomato shares | जोमैटो का शेयर 115 पर लिस्ट होकर 138 रुपए पर पहुंचा, एक लाख करोड़ रुपए से ज्यादा हुई मार्केट वैल्यू
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sensex and nifty today: Sensex plunges amid global sell-off; banks, metals bleed: Key factors hurting the market
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sensex: Sensex drops 355 pts to take losing streak to 3rd day; Asian Paints jumps 6%
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After a 60% rally in 3 months, is the unlock trade over in Indian Hotels?
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Last Updated: Jul 19, 2021, 11:37 AM IST
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ETMarkets.com
Independent market expert Sandip Sabharwal says Indian Hotels is now more of a performance-based trade, rather than reopening trade. Edited excerpts from an interview:
Why did technology stocks went through the roof last week? These stocks were expensive but the price action in midcap IT stocks like Mindtree, LTIS and LTI was unbelievable.
There has been a divergence in the performance of largecap and midcap IT stocks post results. Largecap IT is more or less stagnated. In the case of TCS, we saw some correction after results as there is some concern on margins. In midcap IT companies, the business traction is taking care of margin pressures which are lower than that of Infosys and TCS. So I think the operating leverage story is playing out. Many of these stocks are relatively under-owned and illiquid and so a small amount of buying cr