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After touching a four-year low of Rs 7,511 on March 23, the Nifty has rallied over 50 per cent. This has caused the price to earnings (PE) ratio — a widely-watched valuation measure — of the Nifty to cross 32 times on Friday. India is the most expensive emerging market.
Distressed sales in costliest Indian home market lure Sunteck RealtyLand is selling at 20% to 30% discounts in India’s most expensive property market, according to the homebuilder.
from Stocks-Markets-Economic Times https://ift.tt/3o6hjjz
… Read MoreStocks in the news: GCPL, Linde India, HFCL, IOB, JMC Projects and IndiGo Siemens, Aarti Industries, Linde India, KEC International, Firstsource Solution, Granules India and Neuland Labs are among companies that will announce their March quarter results today.
from Stocks-Markets-Economic Times h… Read MorePromoter, FI buying in these stocks hints at more strengthSimilarly, all three categories of investors have increased stake in Nilkamal as analysts see bright prospects for the company due to market-share gains, sharper focus on non-plastic furniture, rising industrial activity and … Read MoreLenders grow cautious on high-risk unsecured loansPersonal loans in the banking industry grew at a slower pace of 10.2 per cent in the last fiscal year ended March 31, compared with more than 15 per cent the preceding year, RBI data showed. Consumer durable loans were the wo… Read MoreKamal Haasan firm gets ‘not cooperating’ tag from Crisil Crisil has announced a rating of — ‘B+/Stable Issuer not cooperating’ — on the long-term bank facilities of Kamal Haasan (KH), a proprietary firm of the eponymous actor-turned-politician.
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