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Soaring stock prices: defying fundamentals
(1990-07-13)
Speculation is rife as to whether or not the unprecedented high level of average price-earnings ratios in our
capital market is too high to be sustainable. An objective analysis beginning with a theoretical exposition ...
Convertible securities and implied options
(1990-09-28)
The Indian capital market lacks an
organized futures and options market. The
investors are, therefore, not able to manage
their portfolio risks effectively.
In this article, S K Barua and V
Raghunathan examine the ...