Finance Minister Nirmala Sitharaman is set to present the Union Budget for the seventh time, with expectations for changes in income tax structure and business ease. Residents across India hope for reduced petrol prices and inflation control. The budget announcement is eagerly awaited for its impact on the economy.
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