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Puneet Wadhwa leads all stock & financial markets’ coverage at Business Standard. He has an experience of over two decades in managing India’s busiest print, digital and electronic newsrooms at the Outlook Group, NDTV and Hindustan Times.
Puneet Wadhwa leads all stock & financial markets’ coverage at Business Standard. He has an experience of over two decades in managing India’s busiest print, digital and electronic newsrooms at the Outlook Group, NDTV and Hindustan Times.
Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer
A report by Ambit Capital says that BJP is likely to win 190-210 seats. The last phase of voting will take place on May 19 for the remaining 59 seats
Earnings growth in FY20 is more likely to be around 15-16% and not 20% with a lot more of it in the latter part of the financial year, says Vikas Khemani, founder, Carnelian Capital Advisors
Tata Sons, the largest shareholder in Tata Motors, hiked its stake by 2 per cent to 35.3 per cent from 33.3 per cent
Slowdown in global growth and trade is likely to dent GDP growth in India as well, with analysts at Nomura expecting it to slow to 6.8% in FY19
From an accounting perspective, operating profit serves as an indicator of the business's potential profitability with all extraneous factors removed from calculation
Sharma expects earnings growth in FY20 to be in low single digits
Principal Mutual Fund and Taurus Mutual Fund are the other two fund houses that stocked up on YES Bank and increased their holding
Indian markets, experts say, are already pricing in a victory for the Modi-led NDA in the ongoing general elections, albeit with a reduced majority.
Nischal Maheshwari, CEO for institutional equities & advisory at Centrum Broking, tells Business Standard that the larger issue at hand is earnings growth and not the election outcome
This growth in corporate earnings, UBS believes, can come about if the real gross domestic product (GDP) grows at 8 per cent-plus
RIL reported an in-line 4QFY19 with EBITDA down 1% q-o-q to $11.8 billion
For FY20, we expect early to mid-teens earnings growth from companies comprising the broader Indian indices. The current Bloomberg consensus growth estimate of 18-19 per cent appears aggressive
On Monday, though Infosys lost over 3 per cent on the NSE to Rs 722 levels, TCS moved nearly 3.3 per cent higher to Rs 2,081 levels in intra-day deals
'India's appetite for diesel is set to witness robust growth in the second quarter of CY19', said Hickin
After a sharp rally over the past few weeks, the markets seem to be consolidating ahead of the March quarter earnings season
PM Modi, Wood feels, is reaping the reward of a robust response to the Pulwama attacks, which has led to a surge in his popularity
On Monday, L&T entered into a deal to purchase the 20.32 per cent stake of MindTree's single-largest investor, V G Siddhartha, at Rs 980 per share in an all-cash transaction
Analysts say the offer is a good investment bet for investors who are looking for a safer investment option as compared to equities and an assured return over a two-three year period
Gains in the mid-cap and the small-cap indices have been impressive with both these indices moving up 2.2 per cent and 2.4 per cent respectively in the last three sessions