The EV to MCAP ratio helps assess a company’s valuation by factoring in debt and cash. A high ratio signals leverage or strategic growth, offering both risks and opportunities.
SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions
SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with