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Sensex, Nifty give up gains to settle lower; Salasar Techno jumps 20%, Tejas Networks falls 6%

These 10 multibagger smallcap stocks trading below 5-yr avg P/E; should you buy?

While money managers have sounded out a word of caution, stating that risk-reward remains unfavourable in several pockets of the smallcap segment, an analysis of the valuation based on the price-to-earnings ratio (P/E), suggested that there are still some multibaggers which are trading below their 5-year average.

8 smallcap stocks up over 100% in FY24, still below 5-year average P/E

The price-to-earnings (P/E) is the most widely used valuation metric and plays a pivotal role in the stock screening process.

Share Market Highlights 02 November 2023: Sensex gains 490 pts, Nifty closes above 19,100 as Federal Reserve s dovish stance drives markets higher

Share Market Highlights 02 November 2023: Sensex gains 490 pts, Nifty closes above 19,100 as Federal Reserve s dovish stance drives markets higher
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Responsive Industries Ltd consolidated Q2 FY24 PAT up at Rs 40 18 crores

Responsive Industries Ltd consolidated Q2 FY24 PAT up at Rs 40 18 crores
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

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