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Indian automaker Mahindra & Mahindra is in talks to buy Japan's Sumitomo Corp's entire 44% stake in heavy vehicle-maker SML Isuzu , CNBC Awaaz reported on Monday, citing sources.
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.
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.
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