Krishna Kant
Krishna Kant
Page 46 - Krishna Kant/undefined
Dalal Street waits for new triggers
Valuations of financials already at a 10-year high
 "Dalal Street waits for new triggers")
 "40 Years Ago... And now: Dilip Shanghvi - Buying his way to the top of the heap")
The growing divide between markets and fundamentals
Bulk of the rise in stock prices is due to valuation expansion rather than earnings growth
 "The growing divide between markets and fundamentals")
Should India Inc rethink globalisation?
A worldwide recession and a poor show by marquee acquisitions raise questions about India Inc's globalisation drive
 "Should India Inc rethink globalisation?")
Best unlisted companies
In FY14, unlisted firms reported higher return on equity than listed ones, but earned lower net profits
Sajjan Jindal: Cautiously opportunistic
With four deals in as many years, the steel and power baron is using the financial heft of his companies to race ahead of others
 "Sajjan Jindal: Cautiously opportunistic")
LIC bets heavily on PSU stocks
Stake in private companies declines to 3.9% from 4.6% in Dec 2011 and rises in govt firms from 4.4% to 7%; says these are all entity-specific decisions, for the long term
 "LIC bets heavily on PSU stocks")
Indian stocks among the most expensive
HUL, UltraTech Cement, Asian Paints, L&T and HDFC Bank top global valuation charts
 "Indian stocks among the most expensive")
Early birds at variance with stock market highs
At 2.2%, firms' net profit growth in Oct-Dec slowest in eight quarters, sales expansion down 4.4%
 "Early birds at variance with stock market highs")
Indian cos repayments to rise on Swiss franc loans
Most of Indian companies, banks have taken adequate cover
 "Indian cos repayments to rise on Swiss franc loans")
 "Quarterly profits: TCS pips RIL")
Merger of Vedanta companies will create a global giant
Possible amalgamation of group company Sesa Sterlite with Cairn India and Hindustan Zinc will create a $28-billion global colossus but raise much complexity for retail investors
 "Merger of Vedanta companies will create a global giant")
Crude and Sensex move together
Historically, there is a 93 per cent positive correlation between Sensex and global crude oil prices
 "Crude and Sensex move together")
 "40 years ago... And now: ACC: From a leader to first among equals")
 "Stay invested but hedge your bets")
PSUs sitting on Rs 2 lakh-crore cash
In contrast, pvt sector had Rs 4.6 lakh-cr cash in FY14
 "PSUs sitting on Rs 2 lakh-crore cash")
India Inc's growing disconnect between profits and dividends
Some big companies such as Infosys hoard cash and others borrow to keep up payments to shareholders
 "India Inc's growing disconnect between profits and dividends")
Don't overreact to Sensex movements
The basic reason is simple - a benchmark index does not represent anything other than the stocks in it. Read on to know what this means
 "Don't overreact to Sensex movements")
JSW Steel catching up fast with Tata Steel
Earlier scale advantage over JSW shrinks with slower capex in India and poor volume growth and other headaches in Europe
 "JSW Steel catching up fast with Tata Steel")
India Inc more transparent than global counterparts
Stringent disclosure norms in India force companies to share greater financial and operational information
 "India Inc more transparent than global counterparts")
