NSDL data shows foreign investors placed ₹22,670 crore into 19 sectors from July 1-15. Capital goods (₹3,612 crore) led, followed by automobiles (₹2,993 crore). Renewed interest in IT (₹2,765 crore), metals & mining (₹1,969 crore), oil & gas (₹1,944 crore), and FMCG. Healthcare saw ₹2,378 crore inflows. FPIs sold shares worth ₹1,949 crore in construction, power, chemicals, utilities.
Understanding the high EV to MCAP Ratio
The EV to MCAP ratio assesses a company’s valuation by factoring in debt and cash reserves. A high ratio signals high leverage or strong cash