Krishna Kant
Krishna Kant
Page 44 - Krishna Kant/undefined
Top builders sitting on 70,000 crore worth of unsold inventory
Inventory worth nearly 30 months of industry net sales and could trigger fall in property prices says experts
 "Top builders sitting on 70,000 crore worth of unsold inventory")
India auto stocks among the most expensive in the world
Eicher Motors, TVS Motor, Maruti Suzuki in top ten list; Tata Motors is an exception
 "India auto stocks among the most expensive in the world")
Right culture can double corporate profitability
Companies with a strong connect between strategy and culture reported 2.4 times more profitability than those with no alignment
 "Right culture can double corporate profitability")
ITC is now among cheapest FMCG stocks
Trading at discount to HUL and Asian Paints
 "ITC is now among cheapest FMCG stocks")
A China-like rout is unlikely on Dalal Street anytime soon
Indian market less exposed to cyclicals; defensives account for 31.1% of BSE 200, against 20.8% in China's CIS 300
 "A China-like rout is unlikely on Dalal Street anytime soon")
Sensex valuation closer to previous highs
At 22.7 times its underlying earnings, Sensex is now as expensive as in early 2008
 "Sensex valuation closer to previous highs")
Dark clouds over Sensex firms' Q1 score-card
Net profits may fall 4.9% y-o-y but performance may be better than preceding quarter
 "Dark clouds over Sensex firms' Q1 score-card")
China overtakes India on m-cap to GDP ratio
China now world's second largest share market, India is 7th
 "China overtakes India on m-cap to GDP ratio")
Australian project stuck, Adani to focus on India plans
With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses
 "Australian project stuck, Adani to focus on India plans")
Tata Steel more vulnerable than its global peers
A sharp decline in steel demand in China has battered the finances of global steel makers, exposing chinks in Tata Steel armour. With debt to equity ratio of 2.0, highest amongst its peers the company
 "Tata Steel more vulnerable than its global peers")
MNCs earn more dividend than Indian promoters
4 MNCs among top 10 companies with dividend-earning promoters in FY15
 "MNCs earn more dividend than Indian promoters")
Market fundamentals remain weak
Sensex remains ahead of the underlying earnings and dividends, giving upper hand to the bears
 "Market fundamentals remain weak")
TCS tops dividend league in FY15
Paid Rs 15,474 cr against CIL's Rs 13,075 cr in FY15
 "TCS tops dividend league in FY15")
Smaller companies feel the pain of market rout
Every second small-cap stock off over 30% from yearly high
 "Smaller companies feel the pain of market rout")
Monsoon blues: Limited impact for India Inc
Some companies and analysts, however, worry that back-to-back poor monsoon may further weaken demand, leading to more pain for India Inc
 "Monsoon blues: Limited impact for India Inc")
India Inc's sales, profit growth weakest in 2 yrs
This was even as the country's economy grew by 7.3%
 "India Inc's sales, profit growth weakest in 2 yrs")
Net profit of Nifty firms halves in fourth quarter
Worst performance since the September 2008 financial crisis
 "Net profit of Nifty firms halves in fourth quarter")
Tata Motors closes gap with RIL on revenue
Auto maker reported higher net sales than RIL in March quarter
 "Tata Motors closes gap with RIL on revenue")
It's 2005 once more for consumer goods majors
Net sales growth hit a 10-year low of 9% in FY15
 "It's 2005 once more for consumer goods majors")
LIC underinvested in banking stocks
Banks account for only 18% of insurer's portfolio versus 23.3% weight in the Nifty
 "LIC underinvested in banking stocks")
