Page 5 - Valuation

Licious raises $192 mn from Temasek, others at $650 mn valuation

Existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Growth Fund, and Vertex Ventures Southeast Asia and India also participated in this round of fundraising.

Used vehicle unicorn Cars24 nears $250 mn deal that could double valuation

Cars24 aims to make the purchase of a pre-owned vehicle as easy as buying a refrigerator or a smartphone online.

Valuation concern clouds TCS' Q4 performance; stock falls over 4%

The IT services major on Monday posted Q4 numbers largely in line with or above analysts' estimates

Reddit's valuation doubles to $6 billion after new $250 million funding

The social media company was valued at $3 billion following a funding round in February 2019

Zomato valuation crosses $3.9 billion after closing $660-million financing

The company CEO said marquee global investors share the company's enthusiasm about the future of this business

Valuation gap between HDFC Bank and ICICI Bank narrowest after correction

HDFC Bank's asking rate has been twice ICICI Bank's in the past, but the trend is fast reversing

Britannia: Overall business outlook expected to be robust going ahead

Stock hits all-time high on growth uptick in April, May

TikTok owner's valuation exceeds $100 billion in private markets: Report

Stock in world's most valuable start-up has changed hands recently at a price that suggests its value has risen more than 33 per cent from about $75 billion during a major round of funding 2 years ago

AI firm SirionLabs' valuation crosses $300 mn after fresh funding

The Gurugram-based company has raised $44 million in a funding round led by Tiger Global, Avatar Growth Capital.

LIC may become biggest firm by m-cap; valuation can hit Rs 10 trn: Experts

Finance Minister Nirmala Sitharaman on Saturday said LIC will be listed as part of the government disinvestment initiative

Search for 'value' gets tougher for market investors

The market has moved up significantly in the past year, with the benchmark BSE Sensex gaining 16 per cent. The rally has largely been driven by global liquidity and on expectations that earnings back home will pick up in the coming quarters. At a one-year trailing price-to-earnings multiple (P/E) of 22.8, the Sensex is still trading above its historical average.It's a difficult terrain for value investors. Should they use the intermittent corrections as buying opportunities or stay on the sidelines?"We are seeing a situation where the pace in growth in earnings has been quite subdued, whereas the growth in stock prices has been brisk. In this scenario, high valuation multiples have made it difficult to identify new opportunities," said Rajeev Thakkar, director, PPFAS. For stock selection, apart from P/E and price-to-book value (PB), value investors typically look at parameters such as discount to intrinsic value, dividend yield and discounted cash flows. "As a value investor, the aim .

Time to revalue valuation

Why do we still depend on substitutes for assessing the value of intangible assets?