The research firm expects the currency‘s fall to lift input costs across sectors amidst weak demand environment as reflected in low double-digit topline growth expected in 2013-14.
CRISIL Research, India‘s largest independent and integrated research house, expects India Inc‘s EBITDA (earnings before interest, taxes, depreciation, and amortisation) margins to remain firm in October-December 2012 (Q3 FY13) despite continuing pressure on demand growth.
CRISIL Research has assigned the SME Fundamental Grade of 'SME 5/5' to Thejo's IPO, indicating that the fundamentals of the company are 'excellent' compared to other SMEs in India.
"Whether it is the capitalisation of stressed banks in EU or policy-related actions domestically, we are yet to see concrete actions that will enhance corporate earnings," Agarwal adds.
CRISIL Research has come out with its report on 'National Manufacturing Policy'. According to the research firm, Employment intensity of manufacturing will continue to decline due to technological improvement. However, through policy support, the pace of decline can be arrested, which would result in significant job additions.
Rating agency, Crisil Research on Tuesday launched a gilt index that will track the performance of government securities. The gilt index will provide market participants a realistic and easily accessible benchmark to analyse and measure the performance of sovereign investments.
CRISIL FundServices believes that dividend yield funds can act as a defensive strategy for investors in the current volatile equity markets. Over the last 3 years, dividend yield funds have consistently outperformed the S&P CNX Nifty as well as other equity categories.