The S&P 500’s forward price-to-earnings ratio, a common metric for valuing stocks, is at 16.8 times earnings – far below the nearly 22 times forward P/E that stocks commanded at the start of the year.
Torrent Power share price: The company also experienced consistent revenue growth. For Q3 FY25, revenue from operations was Rs 6,499 crore, marking a 2% increase
Also, largely the largecap stocks are reaching that reasonable valuation phase. There is still a lot of overvaluation in some of the midcap pockets, but
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