P/E ratios are used by investors and analysts to determine the value of a company's shares in an apples-to-apples comparison.
One thing to keep in mind: Compare the stocks’ P/E with the industry P/E. If the stock’s P/E is less than the industry P/E then the stock could be undervalued and vice versa.
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Glenmark Pharmaceuticals shares surged 27% in today’s trade. The company has launched antiviral drug Favipiravir, under the brand name FabiFlu, for the treatment of patients with mild to moderate Covid-19 infection at a price of about Rs 103 per tablet....
Posted On:22 Jun 2020 5:00 PM
Investing gives you the best return in the long run. No opportunity is missed as long as you stay invested in quality stocks. Reliance Industries becomes the first listed company to cross 11 lakh crore in market capitalisation. The stock prices have doubled from March 23rd as the company becomes a net debt-free.
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