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Jubilant Food declines 1.09% as Sensex slides

Updated at : 2022-12-15 14:30:03

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The stock traded at a P/E multiple of 73.19, while the price-to-book value ratio stood at 17.88.

“Going forward, one has to be extremely mindful of the valuations that one is paying for companies that we are buying or even the companies that are in the portfolio of people. People should take a hard look at the valuations, cash flows in the near term and not just depend on future promises. If we keep these two points aside, things are pretty normal.”

Crompton Greaves shares drop 1.38% as Sensex falls

Updated at : 2022-12-15 14:30:03

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A total of 7,709 shares changed hands on the counter till 01:14PM (IST)

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Promoters held 0.0 per cent stake in the company as of 30-Sep-2022, while FII and DII ownership stood at 18.7 per cent and 1.87 per cent, respectively.

Sell JSW Energy, target price Rs 245: JM Financial

Updated at : 2022-12-15 13:25:04

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JSW Energy, incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 48786.64 Crore) operating in Power sector.

Investors were worried after Powell said it will take substantially more evidence to give confidence that inflation is on a sustained downward path. The dot plot has shifted higher as the Fed appears to be pushing back on the market’s expectation that they will eventually cut rates at the end of next year.

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A total of 12,742 shares changed hands on the counter till 12:33PM (IST)

In a regulatory filing, Dilip Buildcon said that the order is for the construction of 10.559 km elevated viaduct and 11 stations from Bheshan dead end to Majura gate station, including the viaduct ramp to depot entry near Bheshan for Surat Metro Rail Project Phase - 1, Corridor-2.

Buy PNB Housing Finance, target price Rs 507: IIFL

Updated at : 2022-12-15 12:20:04

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The stock has an ascending triangle breakout.

Gold futures on MCX were trading lower by 0.58% or Rs 318 at Rs 54,356 per 10 grams. Silver futures tanked sharply by 1.67% or Rs 1,155 to Rs 68,147 per kg.

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