All stories by Krishna Kant
Tatas outdo Sensex under Chandrasekaran, but more dependent on TCSRediff.com7 days ago
Tata group companies have outperformed the broader market over the past four years, under the chairmanship of N Chandrasekaran. However, the group's fortunes rely heavily on the performance of Tata Consultancy Services (TCS) now, as compared to the past. The combined market capitalisation of the group's listed companies has nearly doubled in the last four years, against a 77 per cent rally in the benchmark Sensex during the period. The overall market value of 16 key group firms - excluding listed subsidiaries of such entities - stood at Rs 16.8 trillion as of Friday. This was close to 2x the Rs 8.45 trillion as of February 21, 2017 - the day Chandrasekaran took charge as chairman of Tata Sons.
PSUs became the biggest laggards on Indian boursesRediff.com4 Feb 2021
Market cap of government companies has remained unchanged in the past 8 years.
India's m-cap to GDP ratio crosses 100% for first time in over a decadeRediff.com22 Jan 2021
BSE-listed companies' market capitalisation reached Rs 197.7 trillion on January 21, against India's nominal GDP of Rs 190 trillion during 12 months ended December 2020.
Voda, Airtel take on Rel Jio in exchanges, signal the fight is onRediff.com18 Jan 2021
Over the three-month period, Airtel's stock price has rallied from Rs 432 to Rs 540, while Vodafone Idea has risen from Rs 9.2 to Rs 11.8 per share.
Nifty achieves another milestone as valuation hits all-time high of 40xRediff.com13 Jan 2021
This is first time in 25 years that a benchmark equity index in India is trading at a P/E multiple of 40x or higher.
Tatas beat govt as largest promoter of listed companies in IndiaRediff.com8 Jan 2021
Tata Sons stake in the group's listed companies is now worth Rs 9.28 trillion, up 34.4 per cent on a year-on-year (YoY) basis. In comparison, the Government of India's stake in listed central public sector undertakings (PSUs) is currently valued at Rs 9.24 trillion
Share of family-owned firms in total market capitalisation rises to 64.5%Rediff.com4 Jan 2021
The growth was led by family-owned companies and business groups with presence in pharmaceuticals, information technology services, and consumer products.
Rupee may end 2020 as worst performing currency in AsiaRediff.com1 Jan 2021
Rs 1,000 now buys $13.5 against $14 a year ago.
FMCG stocks come back on bulls' radar after nearly 4 months on sidelinesRediff.com21 Dec 2020
Some analysts see more upside in FMCG stocks given the performance gap between the sector and the market.
Crude price rally to benefit Indian equities in the near termRediff.com3 Dec 2020
There is positive correlation between crude oil prices and Indian equities and investors can expect more upside after the recent rally in Brent crude price.
Despite Covid-19, India Inc combined profit at Rs 1.5 trnRediff.com17 Nov 2020
Not surprisingly, equity investors are bidding-up stock prices across sectors and the broader market is now more valuable than pre-Covid levels.
Even Bangladesh may beat India in 2020 per capita GDP, says IMFRediff.com14 Oct 2020
While Bangladesh's per capita GDP in dollar terms is expected to grow 4 per cent in 2020 to $1,888, India's, on the other hand, is expected to decline 10.5 per cent to $1,877 - the lowest in the last four years.
Earnings of Nifty50 firms slump to over 6-year lowRediff.com24 Aug 2020
This year, the combined net profit of 24 index companies, which have declared their June-20 numbers, has declined by 37 per cent year on year, while their revenues, including other income, is down by 21 per cent YoY so far.
Covid-19 impact: Earnings shrink as more firms post results for Q1Rediff.com17 Aug 2020
The combined profit before tax of 748 companies, which have declared their results for Q1FY21, is down 46 per cent YoY. Their net sales went down by a quarter as the Covid-19 lockdown led to a sharp fall in economic activity.
Nifty50 valuation hits all-time high as investors bid up share pricesRediff.com6 Aug 2020
The current valuation is 38 per cent higher than the 10-year average of 22x and over 50 per cent higher than the 20-year average of around 20x.
Why equity seems to be losing its charmRediff.com21 Jul 2020
In three of the past four years, 10-year returns have been 10 per cent or lower, making equity unattractive, compared to other asset classes.
IT biggies are favourite defensive bets in Nifty50Rediff.com20 Jul 2020
The combined weight of IT companies in the benchmark Nifty 50 index is now at a five-year high of 15 per cent as these companies continue to outperform the broader market.
Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%Rediff.com18 Jul 2020
Equity investors should thank cash-rich biggies such as TCS, ITC, HUL, Nestl, and Bajaj Auto for this.
Only 7 days of lockdown, but Q4 a red quarter for most of India IncRediff.com6 Jul 2020
Though India was under lockdown for only seven days of the quarter, global demand and commodity prices began falling from February as COVID-19 was spreading in other countries. 1,002 listed companies - excluding banks, non-bank lenders, insurers, brokerages, and IT firms - reported a combined pre-tax loss of around Rs 2,700 crore during Q4.
Guess who's benefited from India-China conflict? Hong KongRediff.com2 Jul 2020
In the last five years, imports from HK have more than tripled -- from $5.6 billion in FY15 to $17.1 billion in FY20. In the same period, exports declined by 20 per cent -- from $13.6 billion in FY15 to $10.8 billion (annualised) in FY20.