One-third of NSE 500 stocks now cheaper than pre-covid valuation – ETCFO
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
