Nestle's stock has taken a 15 per cent battering in a week, losing over Rs.10,300 crore of its market capitalisation, which is more than the firm’s 2014 revenues.
Chinese stocks have run up 142 per cent in the last one year, compared to 10 per cent gains in the Nifty, resulting in the price-to-earnings ratio.
According to IMD, the probability of rains to be deficient or below normal is 33 per cent and 35 per cent, respectively.
Net sales of Madura Garments the owner of brands like Louis Philippe, Van Heusen, Allen Solly and Peter England, have grown a 18% compounded rate over the last three years.
Smart retailers in the listed space such as luxury watch retailer and manufacturer KDDL, and a leading jewellery company, PC Jewellers have managed.
Arbitrageurs raised cheap money overseas through bond issuances and deployed the funds to profit from arbitraging opportunities.
Strong cash flows from Madura and other apparel brands will help Pantaloon’s business to grow which is struggling with cash flows for growth.
Sesa Sterlite, also known as Vedanta and one of the leading mining companies in India, reported weak numbers across businesses for the March 2015 quarter.
In the global steel market, when steel capacities are in excess to demand, companies with the higher cost advantage are the most competitive.
There’s no one answer to that as yet but a recent arbitrage opportunity serves to illustrate the intriguing possibilities that arise in such a situation.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon