All stories by Krishna Kant
Voda, Airtel take on Rel Jio in exchanges, signal the fight is on
Rediff.com18 Jan 2021Over the three-month period, Airtel's stock price has rallied from Rs 432 to Rs 540, while Vodafone Idea has risen from Rs 9.2 to Rs 11.8 per share.
Nifty achieves another milestone as valuation hits all-time high of 40x
Rediff.com13 Jan 2021This is first time in 25 years that a benchmark equity index in India is trading at a P/E multiple of 40x or higher.
Tatas beat govt as largest promoter of listed companies in India
Rediff.com8 Jan 2021Tata Sons stake in the group's listed companies is now worth Rs 9.28 trillion, up 34.4 per cent on a year-on-year (YoY) basis. In comparison, the Government of India's stake in listed central public sector undertakings (PSUs) is currently valued at Rs 9.24 trillion
Share of family-owned firms in total market capitalisation rises to 64.5%
Rediff.com4 Jan 2021The growth was led by family-owned companies and business groups with presence in pharmaceuticals, information technology services, and consumer products.
Rupee may end 2020 as worst performing currency in Asia
Rediff.com1 Jan 2021Rs 1,000 now buys $13.5 against $14 a year ago.
FMCG stocks come back on bulls' radar after nearly 4 months on sidelines
Rediff.com21 Dec 2020Some analysts see more upside in FMCG stocks given the performance gap between the sector and the market.
Crude price rally to benefit Indian equities in the near term
Rediff.com3 Dec 2020There is positive correlation between crude oil prices and Indian equities and investors can expect more upside after the recent rally in Brent crude price.
Despite Covid-19, India Inc combined profit at Rs 1.5 trn
Rediff.com17 Nov 2020Not surprisingly, equity investors are bidding-up stock prices across sectors and the broader market is now more valuable than pre-Covid levels.
Even Bangladesh may beat India in 2020 per capita GDP, says IMF
Rediff.com14 Oct 2020While Bangladesh's per capita GDP in dollar terms is expected to grow 4 per cent in 2020 to $1,888, India's, on the other hand, is expected to decline 10.5 per cent to $1,877 - the lowest in the last four years.
Earnings of Nifty50 firms slump to over 6-year low
Rediff.com24 Aug 2020This year, the combined net profit of 24 index companies, which have declared their June-20 numbers, has declined by 37 per cent year on year, while their revenues, including other income, is down by 21 per cent YoY so far.
Covid-19 impact: Earnings shrink as more firms post results for Q1
Rediff.com17 Aug 2020The combined profit before tax of 748 companies, which have declared their results for Q1FY21, is down 46 per cent YoY. Their net sales went down by a quarter as the Covid-19 lockdown led to a sharp fall in economic activity.
Nifty50 valuation hits all-time high as investors bid up share prices
Rediff.com6 Aug 2020The current valuation is 38 per cent higher than the 10-year average of 22x and over 50 per cent higher than the 20-year average of around 20x.
Why equity seems to be losing its charm
Rediff.com21 Jul 2020In three of the past four years, 10-year returns have been 10 per cent or lower, making equity unattractive, compared to other asset classes.
IT biggies are favourite defensive bets in Nifty50
Rediff.com20 Jul 2020The combined weight of IT companies in the benchmark Nifty 50 index is now at a five-year high of 15 per cent as these companies continue to outperform the broader market.
Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%
Rediff.com18 Jul 2020Equity investors should thank cash-rich biggies such as TCS, ITC, HUL, Nestl, and Bajaj Auto for this.
Only 7 days of lockdown, but Q4 a red quarter for most of India Inc
Rediff.com6 Jul 2020Though India was under lockdown for only seven days of the quarter, global demand and commodity prices began falling from February as COVID-19 was spreading in other countries. 1,002 listed companies - excluding banks, non-bank lenders, insurers, brokerages, and IT firms - reported a combined pre-tax loss of around Rs 2,700 crore during Q4.
Guess who's benefited from India-China conflict? Hong Kong
Rediff.com2 Jul 2020In the last five years, imports from HK have more than tripled -- from $5.6 billion in FY15 to $17.1 billion in FY20. In the same period, exports declined by 20 per cent -- from $13.6 billion in FY15 to $10.8 billion (annualised) in FY20.
Gains from corporate tax cuts likely to be wiped out
Rediff.com8 Jun 2020The trend in corporate earnings suggests that index earnings could fall to the levels last seen in early 2014.
Early-bird results: Lockdown in March affected India Inc
Rediff.com18 May 2020Combined profit before tax of 81 firms down 37.5% y-o-y, worst show in at least 3 years.
TCS snatches most-profitable tag from Reliance after 6 years
Rediff.com1 May 2020RIL, however, remains miles ahead of TCS in other financial parameters such as total revenue, operating profit, net worth, assets, and market capitalisation.