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SJVN share price: The stock tanked 5.2 per cent to hit a day low of Rs 118.50. Despite the mentioned drop, the multibagger scrip has gained 108 per cent in past six months and 265 per cent in a year. ....
The Nifty SmallCap 100 is trading at a high P/B value of 6.7, and at least 128 smallcap multibaggers are trading above their 5-year average PE level. Companies in sectors like chemicals, consumer durables, energy, IT, and BFSI are overheated. The recent Q3 earnings season has added to concerns about expensive valuations for PSU railways, defence, and power stocks. ....
The domestic equity market was trading lower on Wednesday. Sensex fell 380 points to 71,180 and Nifty lost 104 pts to 21,639. Here s a look at stocks in focus today. ....
NHPC Ltd, Mishra Dhatu Nigam Ltd, IRCON International Ltd, Engineers India Ltd, MMTC Ltd and Indian Overseas Bank and RCF are some of the PSU shares that have fallen over 20 per cent from their 52-week highs.
On Monday, Nifty s Midcap 100 index fell 2.5% - its biggest single-day fall since January 23, and the Small Cap 100 index slumped 4% - its biggest fall in a day since September 12 last year. The Nifty Microcap 250 declined 3.9%. The Sensex and Nifty shed 0.7-0.8% each Monday. On Friday, the small-cap and mid-cap indices fell between 2% and 3%. ....