Private banks are trading at a price-to-book (P/B) valuation of 2.3 against the 10-year average of 2.5. On the other hand, the PB of PSU banks is at 1.2 against the long term average of 0.8.
Pricol shares jump 8% after Q2 results; net profit rises 33% YoY to Rs 85 crore
Pricol shares rallied after the company reported strong Q2FY27 results, with consolidated net profit rising 33% and revenue increasing 35% year-on-year. The company also highlighted