DSIJ Mindshare

For stock valuation, we use various price multiples like P/E, P/B and P/S. These ratios are quite interesting and knowing which price multiple to use when is very important.

The stock of Aurobindo Pharma has given downward channel breakout on the weekly time frame along with robust volumes.

Dr Reddy's Laboratories has reportedly initiated a voluntary recall of anti-seizure drug Divalproex extended-release tablets from the US market owing to cGMP deviations noticed in certain batches of the product.

Bharat Petroleum Corporation Limited (BPCL) formed the Three White Soldiers candlestick pattern on the daily time frame. The stock is currently trading above its long and short-term moving averages.

On the first day of the May F&O Series, the benchmark index gained more than 300 points and Nifty gained more than 100 points. ICICI Bank, Reliance, TCS and Axis Bank fueled the upsurge on Friday.