Show stoppers of Q3: BEPL, Tata Sponge Iron, Sterlite Tech, and more

Sterlite Technologies is one of India's largest manufacturer of optic fibre cables and structured data cables makes for an attractive proxy of a digitising India

Two big variables on the investing landscape engross analysts – whether the economy (hence, companies) will grow fast enough and if the markets will faithfully reflect that.
 

These are some third-quarter results that caught my attention:
 

Bhansali Engineering Polymers (BEPL): Around January 2017, BEPL reported an Ebitda (earnings before interest, taxes, depreciation and amortisation) of Rs 95.5 million and I would have been excused for dismissing it as overpriced. But, consider what transpired thereafter. An Ebitda in excess of Rs 280 million in Q4 FY17, profit increase in every subsequent quarter and finally an Ebitda of nearly Rs 490 million