IRFC, GAIL, Olectra Greentech, NMDC, Cummins, Info Edge, Siemens: BP Wealth lists 7 super picks for June

IRFC, GAIL, Olectra Greentech, NMDC, Cummins, Info Edge, Siemens: BP Wealth lists 7 super picks for June

The benchmark Nifty has surged over 4 percent in June, reaching around the 23,500 mark and setting multiple new highs along the way. With high valuations for most stocks and no significant correction in sight, investors may find it challenging to determine where to invest. To address this, brokerage house BP Wealth has released 7 … Read more

Why are infra and capital-goods stocks still in demand despite premium valuations?

Why are infra and capital-goods stocks still in demand despite premium valuations?

A rally fuelled by robust fundamentals has led to a re-rating in the infrastructure and capital-goods sectors, pushing several stocks into what seems like overvalued territory. Several infrastructure and capital-goods stocks are trading above their 10-year average price-to-earnings (PE) ratio. The PE ratio compares a company’s stock price to its earnings per share, so a … Read more