Investors in Bharti Hexacom Ltd stock must be a happier lot vis-à-vis their counterparts in Bharti Airtel Ltd, the parent company holding a 70% stake in the former. Hexacom’s shares have gained as much as 66% since its listing day’s closing price of ₹813.30 apiece on 12 April 2024. In comparison, the gains in Airtel’s … Read more
About a third of NSE 500 stocks are cheaper than their pre-Covid valuations, as measured by price-to-earnings (PE) and price-to-book (P/B) ratios. Following the sharp market correction since October 1, several blue-chip companies are 10-60% below March 2020 levels by these key metrics. They include HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India … Read more
With the Nifty50 declining 16 per cent from its peak in September 2024, global brokerage Nomura has projected the index to reach 23,784 by the end of 2025. The Japanese brokerage expects the Nifty to trade within a range of 21,800-25,700, implying a potential downside of 5 per cent on the lower end and an … Read more