Stocks in news: L&T, Axis Bank, HUL, Bajaj Finance, Tata Consumer

July 24, 2024

Equity markets react to capital gains tax hike but recover losses. Focus on L&T, Axis Bank, HUL, Bajaj Finance, Tata Consumer for news developments and earnings. Companies like Bajaj Finance and ICICI Pru Life report positive profit growth. South Indian Bank plans fund raising, while Torrent Pharma and Tata Consumer announce financial results.

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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

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Unlike China! As optimists sell India’s story, Ashwath Damodaran has a warning

Valuation guru Aswath Damodaran warns India faces more global resistance in its growth journey than China did. Rising trade uncertainties, driven by US tariffs, threaten

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