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2022-08-19 06:16:38| The Economic Times

Back in July-end, all knives were out against the loss-making food-tech company. Valuation Guru Aswath Damodaran went ahead to reduce his fair value target on Zomato from Rs Rs 41 per share to Rs 35.32.

Category: News and Media


2022-08-19 06:13:43| The Economic Times

Bitcoins slipped below the $23,000 mark amid the anticipation of further rate hikes. Even for Ethereum, the merge excitement got done and dusted. Experts see a range-bound movement in the days ahead.

Category: News and Media


2022-08-19 05:01:51| The Economic Times

The stock has rallied over 50 per cent so far in this quarter. Last Thursday, the stock hit a fresh all-time high of Rs 399.45. On the daily and intraday charts, the stock has formed a higher bottom series pattern which indicates a continuation of the uptrend in the near future.

Category: News and Media


2022-08-19 02:56:13| The Economic Times

In the June quarter results announced last week, the maker of Fevicol, Fevikwik, Dr Fixit and M-Seal posted strong growth, aided by a low base quarter that was impacted by the second Covid-19 wave. The company's net sales grew 60% and net profit increased 64%.

Category: News and Media


2022-08-19 02:27:49| The Economic Times

The Nifty and the Sensex have run up around 17-18% from their June 17 lows. Both indices are around 3% away from their all-time highs. HSBC said Nifty's valuation, measured by Price to Earnings (PE) ratio at 19.6 times, has recovered above its five-year mean but is still 15% below its peak of 23 times in October 2021 when the Sensex and Nifty hit all-time highs.

Category: News and Media


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