No large-cap company in the FMCG/ retail space is offering growth visibility as high as Titan.
According to media reports, Udaan did revenue of ₹65 crore and incurred a loss of ₹60 crore in FY18
Most companies in the sector have accumulated losses of the past.
Traditionally, Avenue Supermarts has preferred buying properties as compared with leasing.
Colgate’s net sales and net profit have remained mostly flat for the last 12 quarters.
In August, Coal India’s production and sales fell 10.3 per cent on year, to their lowest level in the past three years.
The worst hit could be Indian Bank as Allahabad Bank has net NPAs exceeding its net worth.
That means three out of India’s four largest steel producers could head into a loss.
Total traded value of gold on the exchange for July and August has tripled over last year.
In the past two months, Brent crude prices have fallen 8 per cent to $53 per barrel.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon