High P/E stocks in the Nifty500 signal growth optimism or possible overvaluation, as investors pay a premium for expected strong performance and future potential.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000