)
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.
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
Overall, valuations are somewhere in-between - that is neither excessive nor down and out where everything can be bought across-the-board, Thakkar says.
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
The 'India growth story' is much more compelling now than rest of the globe, he says
Both telecom and power sectors could get closer to the inflexion point in the next one year, says Manulife Asset Management MD
RCom owes Indian banks close to Rs 45,000 crore and has not paid its dues since June 2017
The apex court has also imposed a fine of Rs 1 crore each on them, if not deposited within a month they will have to serve one month in jail.
The fact that construction companies are fully dependent on government for orders makes it an important event for companies in the road construction segment from order book / revenue perspective.
Reliance Communication (RCom) hit a new low of Rs 4.85 and slipped below its face value of Rs 5 per share on February 6, 2019
'We see the earnings growing by 11-12% in FY19 and then improving to 17-18% in FY20', said Julius Baer's CEO Ashish Gumashta
Foreign investors are likely to wait for the outcome of the general elections scheduled for April/May 2019 before committing fresh money to Indian equities, writes Christopher Wood
According to available reports, the productivity of the 16th Lok Sabha stood at 83 per cent (till February 6), above the 63 per cent in UPA II and marginally less than than 87 per cent in UPA I