The Nifty’s price-to-book ratio has slid below three for the first time in six years, showcasing the banking sector’s struggles alongside rising book values. With banks and financial services playing a crucial role in the Nifty’s composition, the recent consolidation of financials has notably influenced valuation metrics. It is now essential for investors to prioritize earnings growth and future profitability projections.
Dividend alert! Last day to buy LIC Housing Fin, Hitachi Energy and 36 other stocks for dividend payouts. How many do you own?
Under Sebi’s T+1 settlement cycle, investors need to purchase a company’s shares at least one trading day before the record date to ensure the shares
August 20, 2026