The universe of stocks trading at a 12-month forward price-to-earnings (P/E) multiple of 50x or more has swelled by 2.5x to 104, indicating the growing froth in the market. In March 2023, the number of stocks with a P/E of 50x and 100x stood at 41 and 3, respectively, which has now grown to 104 and 9, according to an analysis by Kotak Institutional Equities (KIE).
'Sectors like e-commerce, small finance, housing finance, and healthcare are in great favour, and people are paying a PEG ratio of up to 5, which is dangerous.' 'Wealth destruction is inevitable.'
CBI special judge SP Naik-Nimbalkar said the court does not have the "inherent power" to stop the broadcast, and asked the probe agency to approach an appropriate forum if advised.
The court said Shroff is a celebrity and this status inherently grants him certain rights over his personality and associated attributes.
Forty four years after Mohammed Rafi's untimely demise on July 31, 1980, at the young age of 55, the singer's work continues to enjoy a musical afterlife on radio, television and modern streaming channels.
Majority of these constituencies are in Uttar Pradesh and the party that is on the third slot even as the counting is still underway on several seats is the Bahujan Samaj Party, a party neither with the National Democratic Alliance nor the opposition INDIA bloc.
Sanjeev Bikhchandani can smile now. First, the IPO of Info Edge, the promoter of jobs portal ww.naukri.com, was subscribed 54.77 times.
The Gujarat high court on Monday stayed its own order rejecting suspended IPS officer Sanjeev Bhatt's plea to set aside criminal procedure initiated against him in connection with a custodial death case in 1990.
Shatranj Ke Khilari was Satyajit Ray's first Hindi film. The Master set the Premchand story against the backdrop of the First War of Independence in 1857. Bijoya Ray, his wife, reveals fascinating glimpses behind the making of the epic in this exclusive excerpt from her memoir.
'There is one way to defeat the intention behind this directive: To patronise Muslim establishments that have been forced to identify themselves.' 'This is one opportunity for the Congress to show that the 'mohabbat ki dukaan' its leader talks about does exist.' 'Can Akhilesh Yadav, who has asked the court to take note of this directive, order his party members to do this?' asks Jyoti Punwani.
Shatranj Ke Khilari was Satyajit Ray's first Hindi film. The Master set the Premchand story against the backdrop of the First War of Independence in 1857. Bijoya Ray, his wife, reveals fascinating glimpses behind the making of the epic in this exclusive excerpt from her memoir.
It's tax returns season. Ask our tax experts Mihir Tanna, Hardik Parikh, Tejas Chokshi and Sanjeev Govila.
He said the incident is not linked to communalism but it is a social issue concerning emotions of the Hindu community.
IPS officer Sanjeev Bhatt, who has accused Gujarat Chief Minister Narendra Modi of misusing state machinery during 2002 post-Godhra riots, has alleged that the Special Investigation Team probe details on riot cases were leaked to a top law officer of the state government.
A sessions court in Ahmedabad on Friday adjourned the hearing on arrested IPS officer Sanjeev Bhatt's bail plea to October 10. Sessions Judge V K Vyas adjourned the hearing as the court hours ended while the argument of the government's side, opposing grant of bail, was going on.
IT services major LTIMindtree reported a net profit of Rs 1,100 crore for the fourth quarter of financial year 2023-24 (FY24), down 1.2 per cent year-on-year (Y-o-Y) from Rs 1,141 crore in the same quarter last financial year. Revenue grew 2.3 per cent Y-o-Y for the fourth quarter to Rs 8,892.9 crore. Sequentially, revenue was down 1.4 per cent.
Justice C Hari Shankar said the Right of Persons with Disabilities Act and all other laws seek to neutralise disability so that a differently abled person and his peers stand on equal footing, which is the "heart" of the theory of equal opportunity and the Constitution.
The shadow of his alleged post-Godhra vindictive reflexes continues to follow Narendra Modi, says B Raman
FHe is the only one among 17 ministers from the outgoing council of ministers who lost the Lok Sabha polls to be reappointed minister.
Sanjeev Nanda, an accused in the BMW hit and run case, who got his passport recently after a 18-month legal battle following an order of the CBI court is cooling his heels in CBI custody in an Income Tax case. The CBI court on Tuesday remanded him to the custody of the premier investigating agency till March 14 for alleged manipulation of evidence in the Income Tax case.
Sanjeev Khanna, the step father of Sheena Bora and a key accused in the sensational murder case, was on Tuesday remanded in judicial custody till September 21.
BJP heavyweights Smriti Irani, Arjun Munda, Ajay Mishra Teni and Kailash Chaudhary were among the 13 Union ministers who tasted defeat in the 2024 Lok Sabha elections, as stunning losses in three Hindi heartland states forced the BJP to rely on allies to form the government.
Justice Sanjeev Narula asked the proprietors of Moti Mahal to submit an affidavit, affirming their effort to distance themselves from the statement in articles that have been published.
'Investors need to be stock specific and should not rush to buy stocks at the current levels.'
Many senior AAP leaders, including Delhi assembly Speaker Ram Niwas Goel, Deputy Speaker Rakhi Bila, ministers Atishi, Gopal Rai and Imran Hussain attended the day-long 'Samuhik Upwas' at Jantar Mantar in the national capital from 11 am.
'A man, probably a lawyer, in black trousers and a white shirt, next to me, was talking to a woman in white.' 'My stock-taking stopped frozen in its tracks.' 'I was sitting almost right next to Indrani Mukerjea.'
India's celebrated chef Sanjeev Kapoor was given a rare insight into the historic kitchen of the White House, which prepares the food for United States President Barack Obama, his family and the large number of guests invited to the resident of the first family every day.
Sukanya Verma lists the girls to have rocked the military and khaki look in recent times.
Nanda, undergoing five years jail term in the BMW hit-and-run case, was earlier on December 19, granted three-week interim bail to meet his ailing grandfather and former Naval Chief S M Nanda.
Campaigning ended on Wednesday evening for 102 Lok Sabha seats across 21 states and Union territories which will go to polls in the first phase on April 19 with top leaders of the Bharatiya Janata Party-led National Democratic Alliance and the opposition Indian National Developmental Inclusive Alliance (INDIA) making a last-gasp effort to woo voters.
Even as Srini Pallia, a Wipro veteran, is set to take charge as the chief executive officer (CEO) of the company, analysts expect the stock's underperformance to continue in the near-future. This, they believe, will be on the back of likely loss of market share, and difficult business environment. "We expect Wipro to underperform peers on growth once again in FY25 as channel checks and media reports suggest Wipro is losing share with select clients across multiple verticals.
In a setback to the Gujarat government, a local court on Wednesday rejected its application opposing bail to arrested Indian Police Service officer Sanjeev Bhatt and began hearing his bail plea even as his remand application is pending in another court.
In a setback to the Gujarat government, a local court on Wednesday rejected its application opposing bail to arrested Indian Police Service officer Sanjeev Bhatt and began hearing his bail plea even as his remand application is pending in another court.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
Union minister Sanjeev Baliyan and BJP MLA Suresh on Friday surrendered in a court in Muzaffarnagar after a warrant was issued against them.
Two-time champions Kolkata Knight Riders will seek home comfort in their bid to return to winning ways when they face a depleted Lucknow Super Giants in the Indian Premier League match in Kolkata on Sunday.
Tanuja could do practically anything on screen, applauds Subhash K Jha, as he salutes the actor on her 80th birthday on September 23.
Justice Kailash Gambhir granted three weeks interim bail to Nanda so that he could meet his ailing grandfather, former Naval Chief S M Nanda, who had a distinguished career in the Navy and played a significant role in the 1971 Indo-Pak war.
Although the third quarter of financial year (2023-2024) FY24 (Q3FY24) was marginally below expectations, Info Edge (India) is witnessing strong investment trends and hitting new highs. The big driver is optimism about a pickup in the jobs market, which benefits Naukri.com and could mean upgrades in Q4FY24 expectations. The JobSpeak Index, which Naukri.com releases on a monthly basis, is showing a "transformative shift".
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