The stock has fallen by 20% from its 52-week high on fears of rising competition and mounting input cost pressures
Investors need to keep an eye on steel prices; any steep decline can lead to rating downgrade for SAIL
The screener's output is stocks that had sound fundamentals and may have a high probability of performing well going forward
The company's shares closed Friday at $1,875, which is 69 times its projected earnings this year, but the price is still sensible when compared to Amazon's free cash flow, according to Barron's.
"Ind-Ra expects debt burden to rise for the top telcos, with the increase in spectrum and non-spectrum debt capex. In addition to the upfront spectrum payouts in financial year 2017, network capex needs to be ramped up, which will keep free cash flow (FCF) negative," India Ratings and Research (Ind-Ra) said in a report.
If you want to do active stock picking, here's how you should do it, says Nilesh Shah, MD of Kotak AMC.
Analysing HUL's annual report, CLSA says that despite a 49 percent annual rise in capex, free cash flow (FCF) increased 16 percent. As per its estimates, HUL may see over 20 percent CAGR in FCF in FY16-19.
Corporate India in aggregate is reporting positive free cash flow (FCF) for the second time in two decades and the reversal in the aggregate FCF augurs well for medium term corporate spending and therefore for growth.
The reason given for the report is that Rolta does not produce free cash flow and cannot repay offshore bondholders without refinancing.
Syed Safawi, CEO-wireless business, Reliance Communication joins CNBC-TV18 to talk about the performance of the company and highlight the way forward.