RCap had proprietary investment book of Rs 2,000 crore (Rs 20 billion) as on end-March and owns stake in a host of companies.
Weak production outlook, low crude oil prices and regulatory issues could keep the scrip in check
Mid-caps in cyclical sectors such as cement, financials and capital goods estimated to earn much more
The Ebitda margin, too, was lower than the expected 29.1 per cent.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
.jpg)
With its Mitsubishi JV beginning operations this quarter, analysts expect meaningful revenue addition
India Inc's earnings seem to have gathered momentum with a surge in the BSE Sensex over the past two quarters.
Analysts are enthused by BPCL's upstream foray and have re-rated the stock in the past couple of years.
While hotels and FMCG saw weak top line growth, most segments witnessed Ebit margin contraction.
ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.
IT companies have, in recent times, re-invested gains arising from a weaker rupee.
Gripped by the pre-election frenzy, Indian markets seem to be factoring in the victory by the Narendra Modi-led BJP.
Analysts say aggressive pricing by Pizza Hut signals weakening demand in the fast food segment and could intensify competition.
Anaysts recommend a 'buy' on Icra due to its positive outlook.
Anaysts recommend a 'buy' on Icra due to its positive outlook.
While TCS will see demand in the US and Europe, its local business is likely to be hit on poor IT spending.
Another year of strong performance by these export-oriented sectors likely as US economy revives and rupee is expected to be under pressure.
Given their growth prospects and reasonable valuations, Mindtree, Hexaware and NIIT remain top picks of most analysts.
The sharp fall in the rupee's value against the dollar during the July-September quarter, it turns out, has come as a boon for corporate earnings.
Good performances by most information technology (IT) companies in the September quarter and improved forecasts notwithstanding, with the exception of Infosys, stocks of IT biggies such as TCS, Wipro and HCL Technologies have fallen three to nine per cent since Infosys announced its earnings on October 11.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances