Historically, the combination of narrowing earnings differential, high valuations and prolonged outperformance, Nuvama said, has led to a large period of underperformance for SMIDs (2018-19)
Among key performers in the portfolio, Parachute coconut oil posted 22 per cent YoY value growth with 1 per cent volume decline, due to price hikes
Analysts caution that the small and mid-cap stocks are still not attractive even after they have corrected 13 to 16 per cent from peak levels
Within the large-cap 100 universe, stocks from Adani group - Adani Green Energy and Adani Energy Solutions - have witnessed a 63 per cent and 54 per cent fall in their PE since September 2024-end
In the past two trading sessions, on the bourses, the stock has dropped about 3%. Today (August 26), the stock has fallen as much as 1.87% to hit an intraday low of Rs 794.80 per share.
Valuations are high in companies in defense, railways, engineering, new energy, and the power sectors, Parekh of DSP Mutual Fund said in an exclusive interview
As of Jan 2024, the price-to-book valuation for the Nifty50 index, according to HDFC Securities Institutional Research, was 114 per cent of the average historical valuation, indicating expensiveness.
The fintech firm said it will compensate by expanding existing relationships with third-party banks to distribute payments, financial services and products
The biggest stock winners in India's renewable sector are now all facing the challenge from minuscule earnings, which has sent valuations through the roof
India - long dubbed the "next China" - has emerged as an investor favorite, aided by solid earnings and a booming consumer market. It's ascent came on the back of a sluggish Chinese market
So far in the current calendar year 2023, MRF has outperformed the market by gaining 14% on improved financial performance. In comparison, the S&P BSE Sensex gained 3% during the period
For foreign investors, there is a good opportunity to buy Japan, Korea and Taiwan in the Asian region, he said in this exclusive interview on the sidelines of the Morgan Stanley India Investment Forum
Adani Ports, Hindalco among stocks with 100 per cent 'Buy' rating by analysts.
Cyient also disappointed on the revenue front, with 8 per cent year-on-year (YoY) organic growth
At 09:42 AM, with a market cap of Rs 5.03 trillion, SBI stood at seventh place in the overall market cap ranking of companies, BSE data shows
The index EPS tracks the combined earnings of the 30 companies that are part of the Sensex
Data shows that bond yields here are significantly higher than the earnings yield
A sharp rise in crude oil prices also affects the markets through its adverse effects on the exchange rate
The BSE benchmark tanked 773.11 points or 1.31 per cent to settle at 58,152.92 after a weak opening. During the day, it tumbled 1,011.93 points to 57,914.10
Long term growth prospects and valuations are key positives