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"The Indian economy has been resolute in the midst of a very challenging and volatile global environment. The economy has bounced back extremely well from the pandemic-led impact and we have seen strong performances from corporates. The capacity utilization numbers have been higher than pre-pandemic levels, indicating the underlying strength. The banking sector has been witnessing healthy credit demand which augurs well for the future."

Khanna, according to the latest shareholdings filed, holds a total of 23 stocks that are estimated to value more than Rs 416.4 crore.

Investors on Dalal Street were left richer by around Rs 3.6 lakh crore as the market capitalisation of all BSE-listed companies increased to Rs 285.21 lakh crore.

“One needs to go back almost 45 days before to the insurer and if one goes there in time, then there is no way anybody can refuse, number one. There is an IRDA form which has to be filled for portability and then the insurance company will underwrite the policy, look at the health background etc and see whether one would like to continue with the policy or not and within 15 days they need to come back and tell either ways yes or no.”

The valuation of Inox Green looks reasonable, considering the nature of its business and the comparative margin profiles. Inox Green has much better EBITDA margins than its global peers, said KR Choksey Research.

"Despite global recessionary trends, the Indian commercial vehicle market continues to grow well, the industry has seen strong volumes in Q2 FY23 over the same period last year," Ashok Leyland Executive Chairman Dheeraj Hinduja said.

The Nifty Pharma index was trading 0.97 per cent up at 13109.4.

Kalyan Jewellers India Ltd., incorporated in the year 2009, is a Small Cap company (having a market cap of Rs 10712.55 Crore) operating in Gems and Jewellery sector.

"Indian equity market valuations are at a marginal premium to fair value. As on Sep 22 Nifty P/E(x) on 1 year forward basis is at 18.8x over an average of 18.5x and P/B(x) of 2.9x against the average of 2.7x. From a valuation perspective, while the current valuations may look slightly higher, markets provide an opportunity to generate wealth over a long period of time."

“If you are investing in the new age tech companies, one needs to keep in mind that these are higher risk investments and so one must be prepared for volatility and be prepared to go with a much longer investment time horizon. I do not think these are for short-term speculation.”