The Buffet Ratio measures whether stock markets are overvalued or undervalued. Many countries, including the USA and Japan, have experienced periods of overvaluation. India has seen significant growth in its market cap, raising concerns about potential overvaluation. However, structural changes and policy shifts in India might justify this growth.
Open FlipAnya Polytech & Fertilizers Limited has received NSE approval for its Draft Red Herring Prospectus (DRHP) to launch its SME IPO. The company plans an IPO to issue up to 3,20,00,000 equity shares with a face value of ₹2 each. In '24January, Anya Polytech & Fertilizers Limited achieved Revenue of ₹98.87 crore, EBITDA of ₹13.45 crore, and PAT (Profit After Tax) of ₹10.70 crore.
Open FlipReported Consolidated quarterly numbers for IRM Energy are: Net Sales at Rs 231.52 crore in September 2024 up 5.18% from Rs. 220.12 crore in September 2023. Quarterly Net Profit at Rs. 12.01 crore in September 2024 down 53.84% from Rs. 26.02 crore in September 2023. EBITDA stands at Rs. 35.60 crore in September 2024 down 21.71% from Rs. 45.47 crore in September 2023.
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