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ITC shares: Behind the Stock: How the King of Nifty ITC turned into India's 'meme' stock

ITC shares: Behind the Stock: How the King of Nifty ITC turned into India's 'meme' stock
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.

Reliance Industries , Club Elite , நம்பகத்தன்மை தொழில்கள் , சங்கம் உயரடுக்கு ,

Nifty valuation high, but 22 index stocks still trade below 10-year averages


Nifty valuation high, but 22 index stocks still trade below 10-year averages
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About two dozen Nifty50 stocks are still quoting at a discount to their long-term averages. Analysts say a few of them can be good buys at prevailing prices.
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Nifty50 now trades at a 12-month forward P/E of 20.1 times.
NEW DELHI: Stock valuations in India are not cheap, considering what impact Covid 2.0 may have on FY22 earning projections.
Yet about two dozen Nifty50 stocks are still quoting at a discount to their long-term averages. Analysts say a few of them can be good buys at prevailing prices. ....

Sun Pharma , Bharti Airtel , Motilal Oswal , Axis Bank , Indusind Bank , Britannia Industries , Tata Motors , Grasim Industries , Bajaj Auto , Eicher Motors , Tata Steel , Club Elite , Hero Motocorp , Tech Cement , Shree Cement , Asian Paints , Nestle India , Tata Consumer , Coal India , Power Grid , Oswal Securities , Ultratech Cement , Bajaj Finance , சூரியன் பார்மா , பாரதி ஏர்டெல் , மோட்டிலால் ஒசுவள் ,