Kotak said it finds most sectors and stocks quite overvalued in the context of historical valuations coupled with the Street’s high assumptions for profitability in the short term, which may not sustain and weak business models and/or emerging risks to even hitherto strong business models in the medium term.
Sebi fines 11 entities Rs 4 cr for share price manipulation
Markets regulator Sebi on Wednesday imposed a penalty totalling Rs 3.87 crore on 11 individuals for manipulating the share price of Darshan Orna Ltd (DOL)