Federal-Mogul Goetze downgraded to sell amid valuation concerns
after close1 source ↓written by the desknot a recommendation
Federal-Mogul Goetze (India) Ltd has been downgraded to sell due to valuation reassessment. The stock's P/E ratio is 14.59, while the P/B value is 1.94, indicating a fair premium. Although the PEG ratio of 0.48 suggests potential growth, the overall valuation has softened, prompting caution among traders.
Not investment advice. For informational purposes only.