Given a relatively weak year, most of the companies have either reduced their royalty to sales or kept the ratio constant.
Multinational companies in India like Hindustan Unilever, Nestle beat local peers across diverse sectors
What stands out is the fact that not only have these cos generated better returns on investment, but also sport strong balance sheets & better cash flows.
The tardy pace of capacity addition at NHPC has dampened investor interest in the stock. The stock has fallen 50% since its listing in July 2009 and is now trading close to an all-time low.
Slowing economic growth: Companies like RIL, CIL and Infosys sit on a cash pile of Rs 9 lakh crore and refuse to invest
The top 500 listed cos have enough cash to double India’s power generation capacity or build over 40,000 km of 6-lane highways every year.
The CAG report naming top biz houses among alleged recipients of state generosity may well turn out to be more of a sentimental dampener for power utilities.
Coal India reported 8% y-o-y growth in its earnings for the June 2012 quarter. The key reason for this rise in earnings was the higher other income and lower costs, especially employee cost.
After a disappointing performance for the last two years, Unichem Laboratories reported a strong set of figures in the June 2012 quarter.
While Coal India's net profit has exceeded Street's expectations by growing at 7% in the latest June quarter, it is largely driven by high other income and lower than expected cost.
Relaxo Footwear's stock has gained 75% in last six months, thanks to the drop in the rubber price- which is the key raw material for the company.
Emami will benefit from the extended summer. The company's latest June quarter numbers were good, primarily because of the company's strong domestic performance.
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