Second-tier NBFC stocks are trading at 24.4x their trailing earnings, which is nearly twice their 15-year average of 13.9x
Experts expect the trend to continue in the near term.
The Union government will gain close to Rs 1.6 lakh crore in additional revenues this fiscal from a record hike in excise duty on petrol and diesel that has pushed the total incidence of taxation on auto fuels to 70 per cent of the price. Late on Tuesday evening, the government hiked excise duty on petrol by Rs 10 per litre and that on diesel by Rs 13 a litre to mop up gains arising from international oil prices falling to a two-decade low.
BSE's, NSE's overnight liquid fund facility can help stock investors maximise returns
While Raghuram Rajan has said in the past that other factors, including domestic fundamentals, outweigh the US Fed policy meet, this time it would be different
Oil and gas sectot may not put up good numbers in Q4.
With India's imports exceeding exports, weak rupee does more harm than good. Analysts, however, say that rupee depriciation is positive for export-oriented sectors such as IT services, pharmaceuticals, textiles and automobiles
Analysts say strengthening bank's capital will boost earnings, bank needs chief with long stint to run show
After years of losing money on two of the group's biggest bets - global steel business and domestic passenger cars - there are strong signs of a revival in both businesses.
The management, however, is a bit wary about near-term performance.
The fallen bellwether of the technology sector has a strategy to reclaim its lost position.
This analysis is based on the quarterly earnings for 724 companies.
While most analysts remain positive on TCS and Infosys, they are cautious on Wipro.
A financial turnaround in Tata Steel and Tata Motors has come as a shot in the arm for Chandra.
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
With a loan book of $268 billion, India's retail banking is now ahead of Russia, Malaysia and Mexico but behind China, Brazil and Thailand
The internals of the food inflation are worrying, given a broad-based uptick across categories that tend to be sticky, such as proteins, and a narrower-than-expected reduction in inflation for vegetables.
The sector is witnessing weak tendering.
Infosys was the top gainer in the Sensex pack, rallying around 7 per cent, followed by TCS, IndusInd Bank, ONGC, HDFC Bank and HCL Tech. On the other hand, ITC, Bajaj Finance, Kotak Bank and Sun Pharma finished in the red.
The benchmark Sensex companies' underlying earnings per share are down 3 per cent (on a cumulative basis) since January 2015, against 25 per cent rise in the index value during the period
The markets gained nearly 7 per cent in the 4 trading sessions of March.
Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks.
Reports have suggested Rs 400-650 as the possible IPO price
Government-owned companies are more generous in rewarding their shareholders with dividends.
For non-banks, the IL&FS crisis was nothing short of India's Lehman moment, which has for a foreseeable future reset the sector on multiple grounds.
Indian Hotels, Tata Steel, Tata Teleservices, Tata Motors, Tata Power need some immediate attention of the Tata Group chairman
The Hinduja Group, Mukesh Ambani, Murugappa, and the Adani groups were the other gainers in the Modi regime, while Naveen Jindal and Sun Pharma groups saw the most erosion in their m-cap in the last five years, reports Krishna Kant.
As inflation rate is near the upper limit of the comfort zone, experts rule out rate cuts anytime soon
An action on the rate front is unlikely to figure in Rajan's plan for the moment.
HUL, ITC, Nestle, Colgate, Dabur, Britannia, Asian Paints, P&G are trading at nearly 48 times. The previous record high was 53 times at the end of March 1994.
Wiping off nearly Rs 4 lakh crore of investors' wealth during the day, benchmark Sensex crashed on Friday.
Lower IT exports will raise India's dependence on capital flows to fund imports.
Corporate indebtedness is now twice what it was before the global financial crisis; banks' bad loans ratio is 3.5 times higher.
Combined debt-equity ratio of top companies declines but interest expenses outgrow profits.
Previous peak in 2010 crossed in first five-and-a-half months this year.
NTPC to be the worst hit, stock slides to five-year low on announcement.
Promoters' holding in private sector BSE 500 companies declined to 43.4% in Sept
The index is more expensive than it was at 2014-end or when it hit a life-time high in January.
Investors turn their attention to export-driven sectors.
While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.
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