Tata Steel shares gained after the company announced the allotment of NCDs to raise ₹3,000 crore at a coupon rate of 7.65%. The stock has beaten Nifty in the near term, rallying 7% in the past one ...

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.