Highlights - Buyback to create value for existing shareholders - Improve return ratios and effective use of surplus cash - Buyback to be earnings-accretive and thus impact valuation positively - Stock trading at 10 times earnings and offering good 4.5% dividend yield We found deep value in Engineers India (CMP: Rs 78, M Cap: Rs 4925 crore) when it was available at around Rs 60 a share in September this year, trading at 8 times its fiscal 2022 estimated earnings and offering close to 8...
Moneycontrol Pro Panorama | Oil sizzles, governments bat for the masses
Jul 4, 2022 / 05:30 PM IST
In today’s edition of Moneycontrol Pro Panorama: Fed’s dilemma, BJP’s masterstroke, litmus test awaits ONDC, the Eastern Window and more
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Jun 25, 2022 / 12:28 PM IST
Stock markets are celebrating the turn in inflation, but the bond markets are looking at the coming slowdown
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