Several of the under-performing companies include the public sector banks.
Realisation for exporters will be higher due to the depreciation of the rupee.
Stocks of these companies are trading at multiyear low valuations – price-to-book multiples – and can see a re-rating if the positive trend continues for the next few quarters.
TCS stock rides on improved operating profitability, higher traction in digital solutions.
Under the demerger scheme, the company’s power business will be divided into two — generation and distribution.
In the March 2018 quarter, each of the four cities reported a year-on-year drop in property absorption.
In the March quarter, SAIL did an adjusted EBIDTA per tonne of Rs7,000 against Rs 3,800 in the preceding quarter.
The company has guided for 35 per cent annual growth in revenue for the next five years.
The ratio of net debt and EBITDA is widely used to measure the debt paying ability of a company.
Novelis contributed almost 60 per cent of Hindalco’s consolidated operating profit (EBIDTA) in FY18.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon