The PE of aerospace and defence player Zen Technologies, which makes military training live-range equipment and anti-drone systems, has fallen from an average of 225 to 76.6. HDFC Securities said that given a large order inflow and revenue visibility for the next few years, some more rerating is possible in the stock.
Accelerate asset monetisation in railways, roads: Sebi chief Tuhin Kanta Pandey
Capital markets regulator Sebi’s chief Tuhin Kanta Pandey on Thursday said there is a need to “accelerate” monetisation of government-held assets in sectors such as