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Analysts attribute the company's poor show in the bourses to its lack-lustre financial performance in recent quarters
The analysis is based on a common sample of 667 companies from BSE 500, BSE Mid Cap and BSE Small Cap Index excluding their listed subsidiaries
Yield spread low despite rise in retail inflation in India
The current ratio is slightly lower than the all-time high ratio of 154 per cent at the end of September this year. It is the highest on record after December 2007 and September
Tax payment by listed companies was down 7 per cent year-on-year (Y-o-Y) in Q2FY25, their worst showing in the last four years and the first decline in corporate tax in seven quarters
Effects of single-digit salary growth for 3 qtrs on consumer spending are now palpable
The decline started months before Hindenburg report in Jan 2023
In post-Covid period, their net worth has grown at a faster clip than borrowing
At its peak, it was worth $136.3 bn at the end of July this year
Four of the 10 largest sectors - oil & gas, automotive, power, and FMCG - saw year-on-year profit declines, while six sectors posted double-digit earnings growth
Analysts attribute BFSI companies' rising share in corporate revenues and profits to this sector's consistent double-digit growth, unlike other sectors of the economy
Generally underwhelming Q2FY25 results pushed the earnings per share (EPS) downgrade-to-upgrade ratio to 2.14, dampening market sentiment.
The sector's stocks fail to shield portfolios in current market selloff
Net sales growth weakest in a year, too; BFSI sector emerges an outlier
Top CEOs see green shoots of growth driven by a slew of new initiatives taken by regulator Irdai and the govt
The benchmark index was down 1.18 per cent on Monday and closed at 78,782 compared to Friday's close of 79,724
A continued slowdown in revenue growth and the recent contraction in profit have created an imbalance between cement companies' earnings fundamentals and market capitalisation
7% top-line growth in Q2 slowest in 5 qtrs; bottom-line expands 5%
A low leverage ratio, such as in 2005-06 and 2014-15, has been followed by a spurt in Tata Sons' equity investment in various listed and unlisted ventures
Tata Sons has however scaled-up dividend pay-out in the post pandemic period in line with a rise in its earnings