Oct 26, 2016 at 12:40 | Source: Moneycontrol.com
As Varun Beverages initial public offer (IPO) opens for subscription on October 26, analysts think its valuation is expensive. The company has fixed price band at Rs 440-445 per share and aiming to raise Rs 1112.50 crore through the offer.
Oct 26, 2016 at 09:46 | Source: PTI
It said the UBS meeting with over 80 investors in the US, European Union and Asia over the last month showed that nearly all FIIs remain "positive and overweight on Indian markets and appeared to be not worried about the 'overweight' position or about rich valuations".
Oct 25, 2016 at 17:32 | Source: CNBC-TV18
Analysts believe that the company has reported a good set of earnings. Asian Paints has posted double-digit volume growth which is better than industry rate, said Abneesh Roy of Edelweiss Securities said. Even though the stock valuations are rich, he expects some upside due to GST implementation.
Oct 24, 2016 at 14:10 | Source: PTI
With privatisation of PSUs being considered after a gap of over 12 years, the ministry feels that valuation of equity becomes important in the case of strategic sale of companies that are not listed or in cases where capital markets may not fully reflect the intrinsic worth of a share disinvested earlier.
Oct 24, 2016 at 09:33 | Source: Moneycontrol.com
A sector with a high growth rate will deserve a higher PE while a matured sector will always get a lower PE.
Oct 24, 2016 at 08:38 | Source: Moneycontrol.com
Morgan Stanley is underweight on Wipro with target price at Rs 460 per share stating that growth is weakest among large peers that may keep valuation low.
Oct 23, 2016 at 11:10 | Source: PTI
Nine of the 10 most valued Indian companies together added Rs 30,034.14 crore to their market valuation last week, with IT major TCS topping the chart.
Oct 17, 2016 at 20:00 | Source: PTI
Shares of IT firm NIIT Technologies today slumped 6.5 per cent after the companyposted a 9 percent decline in consolidated net profit for the quarter ended September 30, 2016.
Oct 17, 2016 at 08:48 | Source: Moneycontrol.com
Here are 8 stocks that brokerage firms are focussing on as Q2 results start. Jefferies has buy rating on Infosys with target price cut to Rs 1280 per share from Rs 1350 per share but strong performance is let down by lackluster guidance. It says reasonable valuation, growth pick up post second half justifies buy rating.
Oct 16, 2016 at 12:36 | Source: PTI
The combined market valuation of top seven companies diminished by Rs 46,107.96 crore last week, with HDFC taking the steepest hit.