Stay updated with breaking news from Magellanic Cloud. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Share price of the little-known IT services companies rallied to Rs 121.44 on February 22, 2024 against Rs 3.23 a year ago. For the nine-month ended December 2023, Archana Software reported a loss of Rs 0.10 crore against Rs 0.09 crore in the same period a year ago.
The Nifty SmallCap 100 is trading at a high P/B value of 6.7, and at least 128 smallcap multibaggers are trading above their 5-year average PE level. Companies in sectors like chemicals, consumer durables, energy, IT, and BFSI are overheated. The recent Q3 earnings season has added to concerns about expensive valuations for PSU railways, defence, and power stocks.
Astronomers revitalize an old concept called the SETI Ellipsoid that incorporates supernovas in the search for extraterrestrial intelligence.
Astronomers revitalize an old concept called the SETI Ellipsoid that incorporates supernovas in the search for extraterrestrial intelligence.
A juxtaposition of the performances of Indian IT companies (during FY07-15) to the prevailing likely rate cut scenario indicates these companies could outperform estimates in the medium term