Lower surgeries and rising costs also likely to impact earnings; valuations too are rich
Robust order book, rising international opportunities should drive earnings
According to the shareholding data sourced from Capitaline, MFs have raised stake in 233 companies that saw such steep corrections during the March quarter
Trend challenges theory that large share sales suck out secondary market liquidity, say analysts.
But look at quality of management, and another one unique to this crisis is finding businesses which will emerge stronger
Sensex slipped 477 points from day's high to settle at 30,609.30, down 63 points
Net impact would depend on final list of chemicals to be banned and companies' move to diversify portfolio
Berkshire Hathaway sold 84 per cent of its Goldman Sachs stock in the first quarter, marking a reversal for an investor who generally holds large stakes in the banking sector.
In the past 1-2 years, Emami has seen muted volume off-take, thanks to higher dependence on wholesale distribution and competitive pressures
The stock ended the day at Rs 137 on the BSE, down 8.57 per cent. But investors remained nervous about the fund infusion despite the company management saying it would boost its digital business
Investors who picked companies with strong business franchises in the year 2008 or 2012 have seen a multi-fold jump in their portfolio values
However, energy prices can reverse direction sharply and suddenly
Says there are few signs of meaningful economic recovery
Bajaj Finance and Bajaj Finserv led the financial services pack, with gains of 132x and 27x, respectively
Valuation of 34x FY21 earnings does not capture whole picture
The firm believes the stock is better value for money than others and has a upside as high as 73 per cent
Return ratios to double over the FY19-22 period
On a YTD basis, FIIs have been buyers to the tune of Rs 96,414 crore in equities
Scores over peers on BSVI portfolio, inventory levels and discounts
More than a third of stocks in top 500 have witnessed reduced coverage