Market Valuation Erodes Kotak Mahindra Bank shares plunged nearly 7% on Monday after its September quarter earnings disappointed investors. The stock's market valuation eroded by Rs 24,801.79 crore.
The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.
Tech Mahindra Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 1,62,576.53 Crore) operating in IT Software sector. Tech Mahindra Ltd. key Products/Revenue ...