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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.
Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 59,264.99 Crore) operating in Auto sector. Ashok Leyland Ltd. key Products/Revenue Segments include ...
Historically, stock market recoveries have been led by large-caps. While this is both normal and logical for recoveries, there have been phases in the last six years when they have been led by ...
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