The EV to MCAP ratio helps assess a company’s valuation by factoring in debt and cash. A high ratio signals leverage or strategic growth, offering both risks and opportunities.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj