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.
Shares of Bharat Heavy Electricals Limited (BHEL) rose 3.5% after receiving a Letter of Intent for the BF800 HVDC project from Rajasthan Part I Power Transmission. Additionally, BHEL secured an Rs ...
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