Key Points
The financial year gone up was a mixed bag for India Inc as many companies managed to surprise Dalal Street with robust numbers, while a handful of them have disappointed...
An analysis by ETMarkets of companies with a minimum market capitalization of Rs 500 crore showed that at least 21 of them have seen profits decline in each of the last four quarters, and their stocks have given negative returns in the last 1 year...
Of these 21 companies, five belong to the pharmaceutical sector and three to speciality chemicals...
This pharmaceutical major saw a drop in both revenue and profits in each of the last 4 quarters, and the stock has given negative returns of around 69% in the last 1 year...
Laxmi Organic has seen its net profit fall by 37-66% YoY in the last four quarters, and the stock has given negative returns of more than 27% in 1 year...
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Bet on stocks, don't bet on market in totality: Vinay Jaising
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BofA sees 40% cut to optimistic Nifty earnings estimates
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Tata Investment Corp: India’s biggest stock winner this year has no analyst coverage
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Q4 results this week: HDFC, Adani Enterprises, Tata Steel, Titan, Varun Beverages, others
30, Apr, 23Mixed Q4 earnings season so far with IT companies disappointing, but strong results from financial and banking sector helped markets. Investors will track corporate earnings and global trends to gauge market direction. This week, Adani Enterprises, Titan Company, HDFC, TVS Motor, Hero MotoCorp, Tata Steel, and several other companies will announce their results. Notable companies announcing include Tata Steel, Titan Company, HDFC, Adani Enterprises, TVS Motor, Hero MotoCorp, Britannia Industries, and Marico.
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Valuations in favour, good time for investors to top up or make an entry: Rajesh Khothari
17, Mar, 23From the valuation parameter, the price to earnings ratio has gone from 24 to 19 times. In price to book, we are below the 10-year average. If you look at the earnings yield, it is roughly about 5.6%. If you look at market cap GDP, we are at 94%. The peak was about 112%. In the last 18 months, the total economic growth, the GDP growth is 20%. For Nifty, it is minus 9%.
India will continue to present opportunities beyond Nifty for next few years: Rajat Rajgarhia
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Q2 Results: Stable earnings in FY24 but outlook remains cautious for FY25; Five key trends in Q2 earnings revealed
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