Shriram Finance shares drop 4% as stock trades ex-split from today
Shares of Shriram Finance tumbled approximately 4% to their intraday low of Rs 540.65 in Fridayβs session as the stock began trading on an ex-split basis. The company had set January 10 as the record date to determine shareholder eligibility for its 1:5 stock split. βIn furtherance to our earlier intimations dated October 25, 2024,…
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PEG ratio: From medium-term perspective: 10 stocks from different sectors which fit the bill on a more important, but less used ratio
Synopsis Not only at the individual stock level, but also at the index level, using the PE ratio as the anchor for your investing decisions is best avoided. Consider this: At the end of calendar year 2020, the price to earning (PE) ratio of Nifty was at 37; today it is just above 22. So,…
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NBFC stocks to buy: Time to shed the negative bias? Yes, selectively. 5 NBFC stocks with an upside potential of up to 36%
Synopsis Why does NBFC as a sector produce both the best of heroes and the worst of villains? The answer lies in the basic nature of the business. At one level, there is no dearth of demand for credit. But here is the catch: There is good credit and there is bad credit. There are…
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PEG ratio: From a long-term perspective: 12 stocks from different sectors which fit the bill on a more important, but less used ratio
Synopsis As there is always the chance of going wrong in the market, caution and a long-term perspective should be your watchwords. But there are times when caution β thinking before deciding β becomes even more important. We are in those times. Reason: While short-term selling pressure might have reduced, the possibility of headwinds is…
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