Brokerages have cut benchmark index's forward earnings estimates
Ambani's group mcap is Rs 19.42 trillion at the end of CY23, up 10.7 per cent from the Rs 17.6 trillion a year ago
Reliance Group's combined market-cap at Rs 18.97 trillion, however, is way ahead of Adani Group's Rs 15.1 trillion
A buyback is a process a company employs to repurchase its shares from stakeholders
Mukesh Ambani back at the top ahead of Gautam Adani
The Sensex valuation has witnessed a significant increase in the past two months
The rally has been driven by investors' expectations of continued growth in Bharat Forge's bread-and-butter business of automotive forgings and a faster ramp-up of volumes in its newer segments
The start of a new year is also a good time to make bets on stocks that have been laggards and could potentially see a turnaround in their fortunes next year
BFSI firms hold a weighting of 34.5%, down from 36.7% at the end of Dec 2022
Despite this steep rise, total outstanding corporate guarantees are still 28 per cent lower than the record high of Rs 4.23 trillion at the end of FY14
Earlier, earnings yields in the Indian equities have risen in line with the rise in bond yields in the US
This analysis is based on a common sample of 19 listed real estate companies that are part of the BSE500, BSE Midcap, and BSE Smallcap indices
This surge is largely due to rising lending rates and an expansion in the net interest margins of banks and non-bank lenders
Q2 of 2023-24 saw a profit metamorphosis as standout firms marked the biggest earnings upgrades
This follows the sharp deceleration in revenue growth
Analysts expect the company to maintain its growth momentum and continue to deliver strong earnings growth with new project launches
The share of the automobile sector, including makers of auto ancillaries, in corporate net sales rose to a 10-quarter high of 10.05 per cent during July-September 2023
Analysts say gains from margin expansion have peaked for now
Shows deceleration in earnings of top-listed firms from FY22 highs
Amid concerns over small and midcap valuations, brokerages suggest navigating the investment landscape like a well-timed fireworks display, favouring the brilliance of largecap stocks