Several PSUs trade at extremely high market caps relative to their profits, net worth or assets: Kotak report

Several PSUs trade at extremely high market caps relative to their profits, net worth or assets: Kotak report

The Indian equity markets have experienced a recent pullback following a record-breaking rally. In a recent note, analysts at Kotak Institutional Equities highlighted that investors seem to be overlooking concerns about high valuations. They believe that the pursuit of returns has outweighed the fear of risks, whether apparent or hidden. The brokerage noted that institutional … Read more

IRFC, GAIL, Olectra Greentech, NMDC, Cummins, Info Edge, Siemens: BP Wealth lists 7 super picks for June

IRFC, GAIL, Olectra Greentech, NMDC, Cummins, Info Edge, Siemens: BP Wealth lists 7 super picks for June

The benchmark Nifty has surged over 4 percent in June, reaching around the 23,500 mark and setting multiple new highs along the way. With high valuations for most stocks and no significant correction in sight, investors may find it challenging to determine where to invest. To address this, brokerage house BP Wealth has released 7 … Read more