Earnings yield is the inverse of the price-to-earnings (P/E) ratio – a popular measure to evaluate valuations of an index or stock. Earnings Yield shows whether equities are compensating investors for the higher risk they carry.
West Asia tensions rattle capital goods stocks; L&T, KEC slide
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen