The journey to the top saw Nifty yielding a CAGR of 11.2%, except for two years of bear market declines.
India’s market is now the world’s ninth biggest by market capitalisation.
The benchmark is at its lowest level since 2007, and stayed low for the longest stretch on record.
The amount received from subscribers is reported as advances from customers in the Jio balance sheet.
Projected low single digits earnings growth for current year to put pressure on valuations
There are a few reasons why investors should rework their estimates after reviewing the Q1 nos.
Its revenue increased at a CAGR of 23.6 per cent to Rs 1,236 crore between FY13 and FY17.
The final valuation of HPCL will be based on the recommendation of independent valuation agencies.
Even the US central bank is dialling back its accommodative policy.
ONGC’s monthly hydrocarbon (oil and gas) production in the FY17 was the highest in two years.
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