11 Nifty stocks which are trading below 20 P/E
A dozen stocks, mostly banking and energy stocks, in the Nifty50 index are trading below a price/earnings ratio (P/E) of 20, ...
Business Line15d
Nifty valuations align with historical averages; HSBC MF bullish on India's growth outlook
Nifty now trades on 18.1x 1-year forward PE. This is now a 7 per cent discount to its 5-year average and in-line with its 10-year average. It added that the valuations in midcap and smallcap space ...