Sales of 80 companies climb 43%, operating profit margins up at 28%.
Infosys Technologies has done well by posting its third consecutive quarter with a double-digit growth in dollar terms and increase in operating margins by 0.6 per cent.
India Inc's share of the global public and additional offerings was unchanged at 2.30 per cent in 2006 with 125 Indian firms mopping up $12.97 billion.
The market valuation of Indian stocks is currently the second highest among emerging markets with the Sensex trading at a price-to-earnings multiple of 23.27 times
Data sourced from Bloomberg show that nearly 50 per cent of cross-border deals valued at $710 billion have not yet been completed.