“Coal India is trading at a reasonable 6.4x FY25E PE. Its PE contracted from an average 13x over 2011-18 to 6.5x over 2019-23, partly due to ESG concerns on coal, which might get alleviated amid rising power demand in India,” said Jefferies.
Why Zomato Share is Falling Today: Zomato share price dropped by 11.43% after reporting a 57% decline in Q3 net profit to Rs 59 crore.
Andhra Pradesh-based stocks like Heritage Foods and Amara Raja Energy, which gained investor interest post-Budget, are now underperforming. Despite initial market excitement and promises from
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