Hela March 11, 2019

Analysts are getting bullish on L&T Technology Services because the company has seen strong growth in the third quarter of 2018-19 as well. Its net sales in the third quarter rose 23% in US dollar terms and 36% in rupee terms. The favourable currency movement helped the company generate better margins. Not surprisingly, its net profit […]

Hela February 15, 2019

The Yes Bank stock is up 26 percent on February 14 and the reaction is not unexpected. After ending months of speculation, the bank received the audit report from the Reserve Bank of India (RBI) giving it a clean chit with no divergence. While the incumbent management had been guiding at modest credit cost, thereby expecting minimal […]

Hela February 15, 2019

Legendary fund manager Peter Lynch had once said, “Invest in what you know”. Sharma wakes up in the morning to the alarm on his Apple iPhone or Android phone powered by a Qualcomm chip. He goes for a morning walk or the gym in his Nike or Adidas shoes and his fitness wearable from Fitbit […]

Hela February 15, 2019

Though market has been in a bearish mode lately, not all is lost yet. Value investors, who believe in capitalising on weaknesses in stock prices, could get an opportunity to buy stocks that have been reporting strong earnings during the volatile phase (9M FY19) and are financially healthy. Moneycontrol analysed data sourced from Ace Equity, which […]

Hela February 13, 2019

SME lending in India tends to be a higher margin business because banks can charge hefty interest rates. By Ronojoy Mazumdar A policy of cautious lending to the silk weavers and shopkeepers of Tamil Nadu has allowed a small local bankto outpace the largest Indian banks in terms of share price performance. City UnionNSE -0.78 % Bank, […]