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Source: Live Mint Investment word of the day: There are several measures to understand whether a stock aligns with your investment or financial goals. One such metric is the price-to-book ratio or P/B ratio, which helps determine whether a stock is overvalued or undervalued. What is the P/B ratio? The price-to-book value ratio, also known…
Source: Live Mint New Delhi, Shares of ITC Hotels Ltd, the demerged hotels business of FMCG conglomerate ITC Ltd, on Wednesday slipped up to 5 per cent in its debut on the stock exchanges. The stock listed at ₹188 apiece on the BSE, while on the NSE it began the trade at ₹180. It declined…
Source: Live Mint The combined market valuation of six out of the top 10 most-valued Indian companies soared by ₹2,03,116.81 crore last week, reflecting an optimistic sentiment on Dalal Street. Tata Consultancy Services (TCS) and HDFC Bank emerged as the biggest gainers, riding the wave of a bullish trend that saw the BSE Sensex climbing…
