Friday, June 26, 2020

Be cautious as fundamentals are weak and valuations seem expensive: Siddhartha Khemka

Siddhartha Khemka While the momentum may continue in the near term, one should be cautious going ahead as the fundamentals continue to be weak and valuations seem to be expensive at around 21x FY20 P/E.

from Moneycontrol Market Outlook https://ift.tt/2Za4qsT

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Apollo Micro Systems shares surge 15% following Rs 25 cr order wins from DRDO, other defence PSUs

Apollo Micro Systems shares saw a significant rise. The company secured orders worth Rs 25.12 crores from DRDO and Defence PSUs. This news b...