A high PE ratio signifies that the stock is expensive, while a low PE ratio indicates that it is undervalued compared to earnings and the share price could rise in the future.
HEG shares opened nearly 64% lower on Monday as the stock adjusted for the company’s demerger, which split its businesses into two separately listed entities.
IFCI shares rallied 6% after Sebi approved NSE’s much-awaited IPO, clearing a key hurdle for the exchange’s listing. IFCI has indirect exposure to NSE through
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