In its World Economic Outlook, published on Tuesday, the IMF forecast global growth at 3.1 percent in 2016 — 0.1 percentage points down from its April forecast.
Sales are expected to increase by 1.8 percent Q-o-Q (up 9.9 percent Y-o-Y) to Rs 7646.2 crore, according to Motilal Oswal
Sales are expected to increase by 6.7 percent Q-o-Q (up 37.8 percent Y-o-Y) to Rs 4018.3 crore, according to Motilal Oswal
In the seven months to July, about sixteen stocks among the total basket of sugar companies have given returns of over 100 percent. Some of them have also hit their 52-week high.
Between 2013 and 2015 they PEs increased their exposure little by little and in the first quarter of 2015 they ploughed in USD 4704 million. Right now, their total India exposure is down to USD 1054 million in the second quarter of 2016.
Standout companies differentiate themselves by way of stock price return over the long term.
A Moneycontrol survey picks stocks in which foreign instituitional investors (FIIs) and mutual funds (MFs) have been continuously increasing and offloading their stake in the last five quarters.
A status quo on rate action was factored in by experts as India grew at a phenomenal 7.9 percent for the March quarter and by 7.6 percent for the last fiscal year. Retail inflation, largely driven by food prices, inched up to 5.4 percent in April from 4.8 percent in the previous month, making it difficult for the RBI to cut rates any further
It says that while both, ICICI and Axis, won't require capital in the near term, the former is in a better position.
Year 2016 was a nightmare for Indian public sector banks, thanks to a sharp rise in non-performing assets (NPA).
Indian companies that have posted strong earnings growth have invariably clocked high returns.
Most public sector banks saw their profits shrink thanks to higher provisions and a substantial increase in non-performing assets. Moneycontrol report reveals SBI and PNB were right up there on top of the list of banks with most non-performing assets (NPA).
Below is an analysis of the key financial indicators of the company and also where brokerages stand on the stock.
Though BSE midcap index gave only 5 percent returns between May 18,2015 to May 16, 2016 the index jumped 37 percent between 2014-2015.Results of general elections were declared on May 16, when BJP-led National Democratic Alliance (NDA) won with a majority to form the new government.
A moneycontrol analysis of the banking sector shows how non-performing assets of lenders climbed over the last five fiscal years. Punjab National Bank NPAs rose 117% to Rs 55,818 crore in FY16 against Rs 25,695 crore on year-on-year basis.
ONGC, Axis Bank, ICICI Bank, HDFC and Bharti Airtel are top gainers while Tata Motors, Bajaj Auto and Asian Paints are losers in the Sensex.
We expect the pair to continue trading in the 66.50-67/dollar range in the near term, says Ashutosh Raina of HDFC Bank.
In the one year-period, from May 16 2014 the Sensex gained 15 percent while the Nifty climbed 16 percent. However, the indices fell off the cliff soon as Modi's magic began to dwindle in the year BJP formed government with Narendra Modi as the Prime Minister.
Ashok Chawla, the former chief of fair trade regulator CCI, has become the chairman of the National Stock Exchange.
GDP expanded in all euro zone countries which provided data except Greece and Latvia, which contracted by 0.4 and 0.1 percent respectively. Outside the euro zone, the economies of Hungary and Poland also shrank in the first three months of the year.
The company had posted a net profit after taxes, minority interest and share of profit of associates of Rs 350.4 crore in the corresponding period of the previous fiscal, Cadila Healthcare said in a BSE filing.
The Reserve Bank of India has tweaked extant guidelines on ownership and shareholding structure for private sector banks.
Investing in each of these asset classes on a monthly basis over the last ten years has given nearly the same returns. Here is how.