We maintain our EPS estimate for CY21E/CY22E. We value Nestle at 55x P/E on CY22E EPS to derive a TP of Rs 16,326. The stock is trading at 58x P/E on CY22E EPS and limits..
Markets were under pressure last week and the bull tide seemed to have turned the corner on Tuesday itself. BSESENSEX rose from the previous day's close of ..
The key Indian equity indices continued to decline on Friday with the BSE Sensex losing around 160 points.
Around 10.05 a.m., it was trading at 51,160.81, lower by 163..
BENGALURU (Reuters) - Indian shares inched lower on Friday and were on course to close the week lower after two weeks of gains, dragged down by private sector lenders ICI..
BENGALURU - Indian shares were little changed on Thursday, as investors sold off recent winners including ICICI Bank and Kotak Mahindra Bank while state-run lenders ..
The key Indian equity indices traded on a flat note on Thursday morning amid a largely choppy trade session, after opening in the green.
Around 10.10 a.m., Sensex was ..
BENGALURU (Reuters) - Indian shares were largely unchanged on Thursday, as investors sold off recent winners including ICICI Bank and Kotak Mahindra Bank while state-run ..
Indian benchmark indices are expected to start the day in green on Thursday after falling for two days in a row.
On the result front, Ambuja Cements, Enkei Wheels, RCL..
BENGALURU - Indian shares retreated from record highs on Wednesday as investors sold off high-flying financial stocks and Nestle slid after disappointing earnings.
Indian benchmark indices are expected to start the day on feeble note on Wednesday indicated by the SGX Nifty, which was down 94 points at 15,234, at 7:30 AM, on the back..
BENGALURU - Indian shares ended little changed on Tuesday after hitting a record high earlier in the session, as weakness in private-sector banks offset gains in Rel..
BENGALURU - Indian shares hit a record high on Tuesday, powered by gains in financial stocks as optimism about a swift global economic recovery boosted investor sentiment..
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