The reason for valuations to be at this level is because corporate balance sheets are in the best of health and the debt-to-equity is at the lowest historical levels of 0.55, while companies’ capacity utilisation is at 80%, he said.
Nifty has support around 22,200 and banking index support is near 47,800. The market shows significant corrections with FIIs lacking buying interest. Coal India and
Sameer Khetarpal, MD & CEO of Jubilant FoodWorks, reveals strategic actions driving the company’s growth amid tough times. They’ve increased value through free delivery and
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